Oracle
1Z0-960 · Question #51
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate…
The correct answer is B. A control budget can allow override rules only if the control level is absolute. E. A control budget can be associated with a different calendar than accounting calendar. See the full explanation below for the reasoning.
Question
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which two statements are true regarding the creation of a control budget?
Options
- AControl budgets are always absolute to generate encumbrance accounting.
- BA control budget can allow override rules only if the control level is absolute.
- CThe control budget structure has all the chart of account segments as budget segments.
- DA control budget is associated to a ledger and creates three control budgets for Australia, New
- EA control budget can be associated with a different calendar than accounting calendar.
How the community answered
(22 responses)- A5% (1)
- B77% (17)
- C14% (3)
- D5% (1)
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