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Oracle

1Z0-517 · Question #99

The rate variance Gain/Loss accounts specified in the Financial Options - Accounting region are used to account for _____.

The correct answer is D. exchange rate variance for inventory items in purchase orders and invoices. See the full explanation below for the reasoning.

Question

The rate variance Gain/Loss accounts specified in the Financial Options - Accounting region are used to account for _____.

Options

  • Aexchange rate variance in invoices and payments
  • Binvoice price variance in purchase orders and invoices
  • Cexchange rate variance for expense items in purchase orders and invoices
  • Dexchange rate variance for inventory items in purchase orders and invoices

How the community answered

(40 responses)
  • A
    18% (7)
  • B
    8% (3)
  • C
    5% (2)
  • D
    70% (28)

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Full 1Z0-517 Practice