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Oracle

1Z0-516 · Question #677

1Z0-516 Question #677: Real Exam Question with Answer & Explanation

The correct answer is A. It is an integrated extension of a ledger. B. It replaces multiple reporting currencies.. See the full explanation below for the reasoning.

Question

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)

Options

  • AIt is an integrated extension of a ledger.
  • BIt replaces multiple reporting currencies.
  • CReporting currencies are the same as secondary ledgers.
  • DReporting currencies cannot have the same chart of accounts, accounting method, and ledger

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