Oracle Exam 1Z0-1073-21 Topic 3 Question 2 Discussion

Actual exam question for Oracle's 1Z0-1073-21 exam

Question #: 2
Topic #: 3

While performing the task ''Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task'', you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.

What will be the functional currency of the ledger you are defining?

AIt is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.

BIt is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

CThe system will pick the first available currency from the List of Values.

DThe system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.

EThe system will automatically pick ''USD'' as functional currency from the legal entity country.

Show Suggested Answer

Suggested Answer: E

by Lucy at May 07, 2022, 04:57 AM

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