Oracle
1Z0-516 · Question #33
1Z0-516 Question #33: Real Exam Question with Answer & Explanation
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Question
You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the U.S. but has a presence in many countries worldwide, and has transactions in multiple currencies. The implementation team decides that GL multi currency setup will be part of the implementation. ABC.com's management in the U.S. wants to see all the transactions in U.S. dollars, whereas the management in Europe wants to see the transactions in euros. The CFO has stated this requirement: While entering the daily transactions the user should have the ability to enter the current exchange rate, but at month end the assets and liabilities in euros could be converted into U.S. dollars at the monthly average exchange rate. Can this requirement be satisfied?
Options
- AAccount generator needs to be customized to satisfy this requirement.
- BOracle GL does not support this functionality.
- CWorkflow needs to be customized to satisfy this requirement.
- DOracle GL provides this functionality and there is no problem in satisfying the requirement.
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