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Oracle

1Z0-516 · Question #27

ABC.com is a U.S.-based company with business operations in North America and Europe. It has existing Oracle GL sets of books in its single global instance. All sets of books use a global chart of…

The correct answer is C. Define two new company values, enable AUD currency, and define a new set of books. See the full explanation below for the reasoning.

Question

ABC.com is a U.S.-based company with business operations in North America and Europe. It has existing Oracle GL sets of books in its single global instance. All sets of books use a global chart of accounts and a common accounting calendar. It just expanded its business to Australia and acquired two new companies with the same year end as ABC.com. It wants to be able to include the new companies in existing financial reports created with Financial Statements Generator (FSG). How can it easily integrate the two new companies into its existing GL with minimal effort?

Options

  • ADefine the new company values, enable AUD currency and define two new sets of books.
  • BDefine two new company values, define a new AUD currency, and define two new sets of books.
  • CDefine two new company values, enable AUD currency, and define a new set of books.
  • DDefine two new company values, enable AUD currency, and define two new sets of books.
  • EDefine two new company values, enable AUD currency, and define two new sets of books.

How the community answered

(62 responses)
  • A
    2% (1)
  • B
    8% (5)
  • C
    71% (44)
  • D
    16% (10)
  • E
    3% (2)

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