Oracle
1Z0-1054 · Question #20
You operate in a country whose unstable currency makes it unsuitable for managing your day-to- day business. As a consequence, you need to manage your business in a more stable currency while…
The correct answer is D. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable. See the full explanation below for the reasoning.
Question
You operate in a country whose unstable currency makes it unsuitable for managing your day-to- day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers?
Options
- ARun Revaluation as often as you need to the more stable currency and report on the more stable
- BRun Revaluation to translate into Statistical Currency
- CCreate a secondary ledger that uses a different chart of accounts that is denominated in the more
- DUse Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable
How the community answered
(40 responses)- A13% (5)
- B5% (2)
- C3% (1)
- D80% (32)
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