Oracle
1Z0-516 · Question #750
Which five do you need to define to meet the minimum pre-requisites to create a set of books? (Choose five.)
The correct answer is A. a retained earnings account B. an accounting calendar D. the functional currency (or a seeded currency) F. a chart of accounts structure. See the full explanation below for the reasoning.
Question
Which five do you need to define to meet the minimum pre-requisites to create a set of books? (Choose five.)
Options
- Aa retained earnings account
- Ban accounting calendar
- Ca translation adjustment account
- Dthe functional currency (or a seeded currency)
- Ean encumbrance account
- Fa chart of accounts structure
- Ga suspense account
- Ha transaction calendar
How the community answered
(47 responses)- A77% (36)
- C2% (1)
- E13% (6)
- G6% (3)
- H2% (1)
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