Page 34 - Participant Guide ebook - Unanet GovCon Using General Ledger
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Check Your Understanding


                       1.     Fixed Assets usually fall under which balance sheet reporting umbrella?
                                 a)  Noncurrent section such as PPE, i.e., property, plant, and
                                     equipment.
                                 b)  Current Asset
                                 c)  Long-term Liability

                       2.     Which Unanet role(s) can view the Fixed Asset Alerts page by menu
                              navigation or clicking on the alert banner at the top of the Fixed Assets
                              Dashboard?
                                 a)  GL Admin
                                 b)  GL Users and GL Posters
                                 c)  GL Viewer

                       3.     Which financial statement presents the balances of Asset, Liability, and
                              Equity account types as of a specific Fiscal Period?
                                 a)  GL Summary (Trial Balance)
                                 b)  Balance Sheet
                                 c)  Income Statement


                     Refer to Appendix A for answers to the Check Your Understanding questions








































               LESSON 4 FIXED ASSETS
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