nerdexam
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)
  • A
    72% (41)
  • B
    2% (1)
  • C
    16% (9)
  • D
    4% (2)
  • E
    7% (4)

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Full 1Z0-516 Practice