1Z0-516 · Question #35
ABC.com has a legal entity in each of its business operations in the United States, Canada, Malaysia, Singapore, and Italy. The controller in Italy advises that the corporation must use the Italian…
The correct answer is C. The list of values in the Account segment includes a range reserved for Italy. See the full explanation below for the reasoning.
Question
ABC.com has a legal entity in each of its business operations in the United States, Canada, Malaysia, Singapore, and Italy. The controller in Italy advises that the corporation must use the Italian statutory accounts as its natural accounts. The corporation decides to define five sets of books (one for each country) but wants to use a single, global chart of accounts structure. Choose a possible design (for the sets of books) that uses a single, global chart of accounts structure, and also meets the Italian controller's requirement.
Options
- AThe chart of accounts structure uses a different Value Set for the Account segment for Italy.
- BThe length of the Account segment for Italy is different from that for the other countries.
- CThe list of values in the Account segment includes a range reserved for Italy.
- DThe chart of accounts structure contains an extra segment for Italy.
- EThe chart of accounts structure for Italy uses Account values prefixed with a special character.
How the community answered
(17 responses)- A6% (1)
- B12% (2)
- C76% (13)
- D6% (1)
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