Oracle
1Z0-516 · Question #588
Identify three features of a Balancing Entity. (Choose three.)
The correct answer is A. Balance sheets are prepared for a Balancing Entity. B. A Legal Entity may comprise one or more than one balancing segments. D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield. See the full explanation below for the reasoning.
Question
Identify three features of a Balancing Entity. (Choose three.)
Options
- ABalance sheets are prepared for a Balancing Entity.
- BA Legal Entity may comprise one or more than one balancing segments.
- CMultiple Balancing Entities within the same Operating Unit structure is not supported.
- DA Balancing Entity is represented as a balancing segment value in the accounting flexfield
- EOracle E-Business Suite Release 12 automatically secures balancing segment values within your
How the community answered
(35 responses)- A80% (28)
- C9% (3)
- E11% (4)
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