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Oracle

1Z0-532 · Question #57

1Z0-532 Question #57: Real Exam Question with Answer & Explanation

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Question

Identify the three true statements about accounts and account types.

Options

  • AFinancial Management provides predefined account types such as Asset, Revenue, Flow, Balance,
  • BAccount types tell FM how the child account should aggregate to the parent.
  • CAccount types tell FM how the account balances should accumulate over time.
  • DBase level accounts do not automatically roll up to parents; business rules are required.
  • EChildren cannot inherit the account type of their parent unless specifically defined by the administrator.

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