Oracle
1Z0-1054 · Question #55
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
The correct answer is A. Anticipate growth and maintenance needs as organizational changes occur B. Effectively manage an organization's financial business D. Consider implementing a single, global chart of accounts. See the full explanation below for the reasoning.
Question
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
Options
- AAnticipate growth and maintenance needs as organizational changes occur
- BEffectively manage an organization's financial business
- CTry to use all 30 segments and 25 characters per segment because you cannot change it later
- DConsider implementing a single, global chart of accounts
- ELimit the number of segments to those you need today to reduce data entry
How the community answered
(18 responses)- A83% (15)
- C6% (1)
- E11% (2)
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