Oracle
1Z0-516 · Question #170
ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must…
The correct answer is A. Use journal-level secondary ledger conversion. See the full explanation below for the reasoning.
Question
ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must be reflected in Toronto's books. What conversion method would you use?
Options
- AUse journal-level secondary ledger conversion.
- BUse subledger-level secondary ledger conversion.
- CUse adjustment-level secondary ledger conversion.
- DUse both subledger-level and adjustment-level secondary ledger conversion.
How the community answered
(49 responses)- A82% (40)
- B2% (1)
- C10% (5)
- D6% (3)
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