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Oracle

1Z0-516 · Question #455

Jane is the financial controller of ABC Corporation. ABC Corporation has three legal entities: ABC East, ABC West, and ABC South. She was advised by the Oracle General Ledger consultant that there…

The correct answer is A. All balancing segment values will be available to enter transactions and journal entries. See the full explanation below for the reasoning.

Question

Jane is the financial controller of ABC Corporation. ABC Corporation has three legal entities: ABC East, ABC West, and ABC South. She was advised by the Oracle General Ledger consultant that there is no need for any balancing segment values to be assigned to the legal entities or ledgers. She is worried as to which values will be available for transactions and journal entries. Identify the right option in the given scenario.

Options

  • AAll balancing segment values will be available to enter transactions and journal entries.
  • BNo balancing segment values will be available to enter transactions and journal entries.
  • CABC East and ABC West balancing segment values will be available to enter transactions and
  • DABC East and ABC South balancing segment values will be available to enter transactions and
  • EABC South and ABC West balancing segment values will be available to enter transactions and

How the community answered

(17 responses)
  • A
    71% (12)
  • B
    18% (3)
  • C
    6% (1)
  • D
    6% (1)

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