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Oracle

1Z0-516 · Question #706

All of the manual journal entries are defaulting to a non current period. Which step was omitted from the accounting cycle?

The correct answer is B. Update Period. See the full explanation below for the reasoning.

Question

All of the manual journal entries are defaulting to a non current period. Which step was omitted from the accounting cycle?

Options

  • APost Journal Entries
  • BUpdate Period
  • CConsolidate Financials
  • DTranslated Foreign Balances
  • EReverse Journal Entries

How the community answered

(48 responses)
  • A
    13% (6)
  • B
    73% (35)
  • C
    2% (1)
  • D
    8% (4)
  • E
    4% (2)

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Full 1Z0-516 Practice