Oracle
1Z0-516 · Question #451
Which three statements are true about data conversion rules? (Choose three.)
The correct answer is C. Currency conversion rules are required for consolidating primary and secondary ledgers only D. For calendar conversion, the journal effective date determines the corresponding nonadjusting E. The General Ledger Posting program uses the rules to determine which journals to automatically. See the full explanation below for the reasoning.
Question
Which three statements are true about data conversion rules? (Choose three.)
Options
- AJournal conversion rules are applied to select the journals for transfer to the secondary ledger
- BChart of account conversion is required if the primary ledger and secondary ledger have the same
- CCurrency conversion rules are required for consolidating primary and secondary ledgers only
- DFor calendar conversion, the journal effective date determines the corresponding nonadjusting
- EThe General Ledger Posting program uses the rules to determine which journals to automatically
How the community answered
(20 responses)- A10% (2)
- B5% (1)
- C85% (17)
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