1Z0-516 · Question #1
You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the US but has a presence in many countries worldwide, and has transactions in multiple currencies. The…
The correct answer is B. Yen currency has not been enabled. See the full explanation below for the reasoning.
Question
You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the US but has a presence in many countries worldwide, and has transactions in multiple currencies. The implementation team decides that GL multi currency setup will be part of the implementation. John, a junior consultant helping you in the implementation effort, comes to you and says that he is testing the system and entering journals in US dollars, yen and euros. He says that he is able to enter the journals in US dollars and euros, but cannot enter the journals in Japanese yen. What possible explanation can you provide to John for this?
Options
- AWorkflow needs to be customized for journals to be entered in yen.
- BYen currency has not been enabled.
- CDaily rates have not been entered for yen.
- DRate types have not been defined for yen.
How the community answered
(56 responses)- A18% (10)
- B71% (40)
- C4% (2)
- D7% (4)
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