Oracle
1Z0-516 · Question #51
Which three statements are true about the revaluation process? (Choose three.)
The correct answer is A. Revaluation calculates the differences between the current cumulative functional currency B. The revaluation process revalues the foreign currency portion of the account balances using the D. You must post the revaluation journal entries. See the full explanation below for the reasoning.
Question
Which three statements are true about the revaluation process? (Choose three.)
Options
- ARevaluation calculates the differences between the current cumulative functional currency
- BThe revaluation process revalues the foreign currency portion of the account balances using the
- CThe revaluation process should be executed after the transaction process has completed.
- DYou must post the revaluation journal entries.
How the community answered
(23 responses)- A74% (17)
- C26% (6)
Community Discussion
No community discussion yet for this question.