Oracle
1Z0-516 · Question #39
1Z0-516 Question #39: Real Exam Question with Answer & Explanation
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Question
Which five statements are true about the elements required for a set of books? (Choose five.)
Options
- AThe same segment security rules apply to all segments that use the same value sets and have
- BMultiple chart of accounts structures can share the same value sets.
- CIt is technically possible to use the same balancing segment value in multiple sets of books.
- DEach set of books must have its own unique accounting calendar defined.
- EPeriod Type Calendar results in fiscal year being used in the system name of accounting periods.
- FGeneral Ledger converts amounts in a foreign currency to functional currency by using Corporate
- GAdjusting periods are used for journal entries originating in General Ledger only.
- HEnable the appropriate functional currency before you define a set of books.
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