Oracle Exam 1Z0-1018 Topic 8 Question 5 Discussion

Actual exam question for Oracle's 1Z0-1018 exam

Question #: 5
Topic #: 8

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

ACreate source document types specifically for Euro documents.

BPopulate exchange rates in Revenue Price Profile.

CPopulate Conversion Rate Type in System Options.

DCreate revenue prices in the Euro currency.
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348

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Suggested Answer: C

by Jose at Dec 23, 2022, 01:51 PM

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