C&B Team: Blackline Training 101

You are required to log in to Blackline everytime you open the site.

• True

• False

In Blackline BSAR (Account Reconciliation) , when you choose the option My Assignments - Number of Reconciliations, you will view the count of grouped GL accounts assigned to you and to your team members.

• True

• False

In Blackline Journal Entry Assignments, you can view My Assignment and Team Assignments.

• True

• False

If your journal entry reaches Tier 2 threshold and it was approved by Tier 1 or L1 approver, it will not be posted in SAP until Tier 2 or L2 reviewer approves/certifies it.

• True

• False

Journal Entry already posted can still be decertified by approver/reviewer when it has been deemed not correct upon checking.

• True

• False

SOX_FIN_FR_10 states that:

Based on Account Reconciliation ownership, balance sheet accounts and non-intercompany Profit and Loss accounts are reconciled by the Account Preparer and independently reviewed and approved via signature (either written or electronic) and dated by GS management by C+8 for Non-critical accounts and C+5 (before BRAVO submission) for critical accounts.

• True

• False

Financial Manager role allows you to create group accounts and assigned new accounts with no preparer and approver.

• True

• False

In Blackline, interface of general ledger balance happens everyday on hourly basis.

• True

• False

All of the following are control attributes except:

• Completeness

• Validity

• Accuracy

• Timeliness

All of the following are minimum requirements of account purpose and procedures except:

• NAPCT

• Expected Balance

• Account Definition

• Account Purpose