Oracle
1Z0-516 · Question #114
Which three are the benefits of the Currency Rates Manager in Oracle General Ledger? (Choose three.)
The correct answer is A. You can maintain daily rates and historical rates more easily. B. You get improved efficiency with the help of the spreadsheet interface. C. You can maintain consistency among different currency conversion rates. See the full explanation below for the reasoning.
Question
Which three are the benefits of the Currency Rates Manager in Oracle General Ledger? (Choose three.)
Options
- AYou can maintain daily rates and historical rates more easily.
- BYou get improved efficiency with the help of the spreadsheet interface.
- CYou can maintain consistency among different currency conversion rates.
- DAdditional security ensures that historical rates can be uploaded to closed or future periods only.
- EYou can maximize intercompany imbalances during intercompany eliminations of foreign currency
How the community answered
(26 responses)- A73% (19)
- D12% (3)
- E15% (4)
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