Oracle
1Z0-516 · Question #173
Michael is responsible for the accounting setup. Here is the list of accounts for the accounting setup structure mapped to their requirement. 1. suspense account - suspense posting 2. reserve for…
The correct answer is A. 1 C. 3. See the full explanation below for the reasoning.
Question
Michael is responsible for the accounting setup. Here is the list of accounts for the accounting setup structure mapped to their requirement. 1. suspense account - suspense posting 2. reserve for encumbrance account - exchange rate gain/loss 3. non-postable net income account - average balance processing 4. ledger currency balancing account - for using Oracle subledgers and balance subledger journals by the entered currency and balancing segment value 5. entered currency balancing account - for using Oracle subledgers and balance foreign currency subledger journals by the ledger currency and balancing segment value Identify two correct mappings of accounts. (Choose two.)
Options
- A1
- B2
- C3
- D4
- E5
How the community answered
(43 responses)- A77% (33)
- B14% (6)
- D2% (1)
- E7% (3)
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