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Oracle

1Z0-408 · Question #53

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 C. Define anintercompany segment and qualify it as the second balancing segment to make sure. 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 anintercompany segment and qualify it as the second balancing segment to make sure
  • DThere is no need to define an intercompany segment, the Intercompany module keeps track

How the community answered

(29 responses)
  • A
    10% (3)
  • B
    3% (1)
  • C
    69% (20)
  • D
    17% (5)

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