Oracle Exam 1Z0-1081-21 Topic 6 Question 12 Discussion

Actual exam question for Oracle's 1Z0-1081-21 exam

Question #: 12
Topic #: 6

A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.

Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

ACommon Stock must have an Exchange Rate Type set to Historical Rate Override.

BThe subsidiary must have a balance not equal to zero in Common Stock.

CCommon Stock must have a Data Storage property set to Never Share.

DUSD must be created as a reporting currency.

EThe subsidiary must have a parent entity with a GBP currency.

Show Suggested Answer

Suggested Answer: B, E

by Rikki at May 07, 2022, 10:12 AM

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