Oracle
1Z0-1054 · Question #77
What are the two purposes of a secondary ledger? (Choose two.)
The correct answer is A. It can differ from its primary ledger by the accounting method, chart of accounts, accounting D. It is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative. See the full explanation below for the reasoning.
Question
What are the two purposes of a secondary ledger? (Choose two.)
Options
- AIt can differ from its primary ledger by the accounting method, chart of accounts, accounting
- BIt should not be used when trying to meet local accounting requirements
- CIt is used to main balances in a different currency only
- DIt is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative
- EIt should only be used to main balances for processing performance
How the community answered
(33 responses)- A82% (27)
- B9% (3)
- C6% (2)
- E3% (1)
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