Oracle
1Z0-516 · Question #543
ABC Corp. has the following Organization Structure: 1) Legal Entity: A 2) Operating Units: B and C 3) Balancing Entities: 10, 20, and 30 Identify three correct statements regarding the Balancing…
The correct answer is A. Each Balancing Entity must balance within itself. B. There can be multiple Balancing Entities within an Operating Unit. E. Balancing Entities can be secured at the Operating Unit level through Security Rules. See the full explanation below for the reasoning.
Question
ABC Corp. has the following Organization Structure: 1) Legal Entity: A 2) Operating Units: B and C 3) Balancing Entities: 10, 20, and 30 Identify three correct statements regarding the Balancing Entity. (Choose three.)
Options
- AEach Balancing Entity must balance within itself.
- BThere can be multiple Balancing Entities within an Operating Unit.
- CBalancing Entity is the lowest postable unit in the Chart of Accounts.
- DBalancing Entities can be automatically secured at the Legal Entity level.
- EBalancing Entities can be secured at the Operating Unit level through Security Rules.
How the community answered
(44 responses)- A70% (31)
- C9% (4)
- D20% (9)
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