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Oracle

1Z0-333 · Question #56

Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create eliminating entries for…

The correct answer is A. Define an intercompany segment in the chart of accounts. See the full explanation below for the reasoning.

Question

Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create eliminating entries for the intercompany activity. What should you recommend?

Options

  • ADefine an intercompany segment in the chart of accounts.
  • BThere is no need to define an intercompany segment.
  • CDefine an intercompany segment and qualify it as the second balancing segment to make sure all
  • DThere is no need to define an intercompany segment, the Intercompany module keeps track of

How the community answered

(23 responses)
  • A
    74% (17)
  • B
    13% (3)
  • C
    9% (2)
  • D
    4% (1)

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Full 1Z0-333 Practice