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Oracle

1Z0-516 · Question #711

To define the primary ledger, which account is always required?

The correct answer is B. Retained earnings account. See the full explanation below for the reasoning.

Question

To define the primary ledger, which account is always required?

Options

  • ASuspense account
  • BRetained earnings account
  • CRealized profit/loss account
  • DUnrealized profit/loss account
  • EReserve for encumbrance account
  • FEntered currency balancing account

How the community answered

(23 responses)
  • B
    78% (18)
  • C
    4% (1)
  • E
    4% (1)
  • F
    13% (3)

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