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Oracle

1Z0-516 · Question #677

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

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

How the community answered

(46 responses)
  • A
    80% (37)
  • C
    7% (3)
  • D
    13% (6)

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