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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)
  • A
    73% (19)
  • D
    12% (3)
  • E
    15% (4)

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