Oracle
1Z0-960 · Question #105
You operate in a country whose unstable currency makes it unsuitable for managing your day-to- day business. As a consequence, you need to manage your business in a more stable currency while…
The correct answer is B. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable. See the full explanation below for the reasoning.
Question
You operate in a country whose unstable currency makes it unsuitable for managing your day-to- day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers?
Options
- ADefine Balance-Level Reporting Currencies in the more stable currency and run Translation as
- BUse Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable
- CRun Revaluation as often as you need to the more stable currency and report on the more stable
- DCreate a secondary ledger that uses a different chart of accounts that is denominated in the more
How the community answered
(52 responses)- A4% (2)
- B79% (41)
- C6% (3)
- D12% (6)
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