Oracle Exam 1Z0-1054-20 Topic 5 Question 18 Discussion

Actual exam question for Oracle's 1Z0-1054-20 exam

Question #: 18
Topic #: 5

Your customer wants to use a clearing company to automatically balance intercompany entries.

Which three statements are true regarding the use of a clearing company value? (Choose three.)

AYou must map legal entities to balancing segment values in order to use a clearing company

BIf you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger

CClearing companies are not supported

DIf you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity

EIf you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal

Show Suggested Answer

Suggested Answer: B, D, E

by Delisa at May 04, 2022, 02:33 AM

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