Oracle
1Z0-516 · Question #405
1Z0-516 Question #405: Real Exam Question with Answer & Explanation
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Question
Computer Operations Inc. has its headquarters in Frankfurt. It uses two ledgers: one for corporate accounting (primary) and another for statutory reporting (secondary). Both ledgers have different charts of accounts and accounting calendars but use EUR as the functional currency. It has a subsidiary in California, which uses its own chart of accounts and the USD currency. Identify two options by which Computer Operations Inc. can consolidate their global operations. (Choose two.)
Options
- AA secondary ledger must be defined for California.
- BConsolidation can be done by mapping between the California secondary ledger and the
- CA new ledger set must be defined, which will group the Frankfurt primary ledger and the California
- DThe chart of accounts and calendar of the Frankfurt secondary ledger must be the same as that
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