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Oracle

1Z0-425 · Question #148

Which set of mandatory activities is required to define Enterprise Structure in OSC?

The correct answer is A. Define Enterprise, Define Business Unit, and Define Legal Entities. The enterprise is mandatory because it serves as an umbrella for the entire implementation. All organizations are created within an enterprise. Business units are also mandatory because financial transactions are processed in business units. Legal entities are also mandatory…

Deployment and Troubleshooting

Question

Which set of mandatory activities is required to define Enterprise Structure in OSC?

Options

  • ADefine Enterprise, Define Business Unit, and Define Legal Entities
  • BDefine Enterprise, Define Legal Entities, and Define Chart of Accounts
  • CDefine Legal Entities, Define Enterprise Structure, and Define Accounting Configurations
  • DDefine Business Units, Define Reporting Structure, and Define Ledger

How the community answered

(41 responses)
  • A
    71% (29)
  • B
    17% (7)
  • C
    7% (3)
  • D
    5% (2)

Explanation

  • The enterprise is mandatory because it serves as an umbrella for the entire implementation. All organizations are created within an enterprise. * Business units are also mandatory because financial transactions are processed in business units. * Legal entities are also mandatory. They can be optionally mapped to balancing segment values or represented by ledgers. Mapping balancing segment values to legal entities is mandatory if you plan to use the intercompany functionality. * At least one ledger is mandatory in an implementation in which you record your accounting

Topics

#Enterprise Structure#Business Unit#Legal Entities#OSC setup

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