Oracle
1Z0-516 · Question #147
ABC Enterprise has operations in the US, France, and Italy. The US, France, and Italy operations have separate legal and statutory requirements. The tax requirements also differ for each country…
The correct answer is A. Create a separate legal entity and accounting setup for each operation. See the full explanation below for the reasoning.
Question
ABC Enterprise has operations in the US, France, and Italy. The US, France, and Italy operations have separate legal and statutory requirements. The tax requirements also differ for each country. Identify the action you would perform to set up Oracle General Ledger.
Options
- ACreate a separate legal entity and accounting setup for each operation.
- BCreate one legal entity and three accounting setups for the US, France, and Italy.
- CCreate three legal entities for the US, France, and Italy, and one accounting setup.
- DCreate three legal entities for each operation.
- ECreate two legal entities: one for France and Italy, and one for the US.
How the community answered
(43 responses)- A70% (30)
- B16% (7)
- C2% (1)
- D5% (2)
- E7% (3)
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