1Z0-516 · Question #107
ABC.com has many business units set up as company values in the Company (Balancing) segment for three sets of books: Canada, U.S. and Brazil. The sets of books share a common chart of accounts (COA)…
The correct answer is A. Enable security for the Company segment, and define appropriate security rules, and assign them C. Enable the Balance Intercompany Journal option when defining each set of books. D. Create a clearing company for each set of books to handle many-to-many intercompany. See the full explanation below for the reasoning.
Question
ABC.com has many business units set up as company values in the Company (Balancing) segment for three sets of books: Canada, U.S. and Brazil. The sets of books share a common chart of accounts (COA) structure. The COA structure also has an Intercompany segment (with Intercompany Qualifier) that uses the same value set as the Company segment. Which three options will best use GL Intercompany functionality, given the multiple sets of books that share a common COA? (Choose three.)
Options
- AEnable security for the Company segment, and define appropriate security rules, and assign them
- BEnable the profile option that automatically creates intercompany accounting across sets of
- CEnable the Balance Intercompany Journal option when defining each set of books.
- DCreate a clearing company for each set of books to handle many-to-many intercompany
- EEnable security for the Company and Intercompany segments, and define appropriate security
How the community answered
(45 responses)- A82% (37)
- B7% (3)
- E11% (5)
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