XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments. All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained. Identify the number of legal entities to be created and the number of accounting setups.

Question

Accepted Answer

D. Create four legal entities and four accounting setups.

Answer

A. Create one legal entity and four accounting setups.

Answer

B. Create four legal entities and one accounting setup.

Answer

C. Create two legal entities and four accounting setups.

XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts…

Question

Options

How the community answered

Community Discussion