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Oracle

1Z0-960 · Question #15

1Z0-960 Question #15: Real Exam Question with Answer & Explanation

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Question

Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates. What steps must you perform to achieve this objective without causing data corruption?

Options

  • APurge all translated balances, change the CTA account in the Ledger page, and rerun Translation
  • BOpen the Ledgers page and update the CTA account and then rerun Translation for all periods
  • CQuery the Translation journals and delete all of them, then change the CTA account in the Ledger
  • DDefine a new ledger and accounting configuration. The CTA account cannot be updated after the

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