Oracle
1Z0-517 · Question #6
1Z0-517 Question #6: Real Exam Question with Answer & Explanation
The correct answer is D. Oracle GL provides this functionality and there is no problem in satisfying the requirement.. See the full explanation below for the reasoning.
Question
You are implementing Oracle General Ledger at a client site. The client is based in the US, but they have a presence in many countries and transactions in multiple currencies. The implementation team decides that the GL multi-currency setup will be a part of the implementation. The company's management in the US wants to see all transactions in USD, whereas the management in Europe wants to see the transactions in Euros. The CFO has this requirement: While entering daily transactions, the user must be able to enter the current exchange rate. But at month end, the assets and liabilities in Euros must be converted into USD at the monthly average exchange rate. Can this requirement be satisfied?
Options
- AOracle GL does not support this functionality.
- BWorkflow must be customized to satisfy this requirement.
- CThe account generator must be customized to satisfy this requirement.
- DOracle GL provides this functionality and there is no problem in satisfying the requirement.
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