Oracle
1Z0-1054 · Question #39
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate…
The correct answer is B. Control budgets are always absolute to generate encumbrance accounting D. A control budget can allow override rules only if the control level is absolute E. A control budget can be associated with a different calendar than accounting calendar. See the full explanation below for the reasoning.
Question
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)
Options
- AThe control budget structure has all the chart of account segments as budget segments
- BControl budgets are always absolute to generate encumbrance accounting
- CA control budget is associated to a ledger and creates three control budgets for Australia, New
- DA control budget can allow override rules only if the control level is absolute
- EA control budget can be associated with a different calendar than accounting calendar
How the community answered
(32 responses)- A9% (3)
- B72% (23)
- C19% (6)
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