Oracle
1Z0-516 · Question #127
All manual journal entries are defaulting to a non-current period. Which step was omitted from the accounting cycle?
The correct answer is A. updating the period. See the full explanation below for the reasoning.
Question
All manual journal entries are defaulting to a non-current period. Which step was omitted from the accounting cycle?
Options
- Aupdating the period
- Bposting journal entries
- Cconsolidating financials
- Dreversing journal entries
- Etranslating foreign balances
How the community answered
(57 responses)- A72% (41)
- B2% (1)
- C16% (9)
- D4% (2)
- E7% (4)
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