Oracle
1Z0-516 · Question #83
1Z0-516 Question #83: Real Exam Question with Answer & Explanation
The correct answer is D. If a journal entry is balanced within the same company value in the balancing segment, GL. See the full explanation below for the reasoning.
Question
ABC.com's global chart of accounts structure includes the Company (balancing) segment and Intercompany segment (with Intercompany segment qualifier) in order to properly identify the intercompany trading party. Which statement is NOT true about using an Intercompany segment in the chart of accounts structure? (Choose the statement that is NOT true.)
Options
- AThe Company and Intercompany segments can share the same value set.
- BGL automatically populates the intercompany segment value in the Balancing segment to balance
- CYou can enable security for the Company segment and disable security for Intercompany
- DIf a journal entry is balanced within the same company value in the balancing segment, GL
- EIn a many-to-many intercompany journal, the use of a clearing company as the trading partner is
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