Oracle Exam 1Z0-516 Topic 9 Question 21 Discussion

Actual exam question for Oracle's 1Z0-516 exam

Question #: 21
Topic #: 9

[All 1Z0-516 Questions]

In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?

ALedger

BLegal Entity

COperating Unit

DBalancing Entity

EBusiness Group

Show Suggested Answer

Suggested Answer: B

by Samira at Jun 03, 2024, 01:16 AM

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Cordelia

6 months ago

Bank accounts? More like bank *hijinks*, am I right? But seriously, I think it's Legal Entity. Can't keep a good bank account down.

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Val

6 months ago

Definitely not Balancing Entity. That sounds like something out of a bad sci-fi movie. I'm going with Legal Entity on this one.

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Wenona

5 months ago

Yes, Legal Entity is the correct organization type that owns Bank Account.

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Adela

5 months ago

I think Bank Account is owned by Legal Entity as well.

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Daniel

5 months ago

Legal Entity is the correct organization type that owns Bank Account.

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Macy

5 months ago

I agree, Balancing Entity does sound strange. Legal Entity makes more sense.

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Alfred

5 months ago

I agree, it's definitely not Balancing Entity.

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Nan

5 months ago

I think Legal Entity makes sense for owning Bank Account.

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Magnolia

6 months ago

I agree with Sanda, Operating Unit makes more sense because it's responsible for the day-to-day operations.

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Sanda

6 months ago

I believe it's actually the Operating Unit that owns the Bank Account.

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Herminia

6 months ago

I think the Bank Account is owned by Legal Entity.

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Becky

6 months ago

Hmm, I'm not too sure about this one. I was thinking Operating Unit, but now I'm second-guessing myself. Anyone have any insights?

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Rosina

5 months ago

I'm pretty sure it's Balancing Entity.

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Anastacia

5 months ago

I believe it's Operating Unit.

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Melita

5 months ago

I think it's Legal Entity.

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Golda

5 months ago

E) Business Group

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Janessa

6 months ago

D) Balancing Entity

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Mica

6 months ago

C) Operating Unit

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Linn

6 months ago

B) Legal Entity

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Hortencia

6 months ago

A) Ledger

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Kassandra

7 months ago

I think it's Legal Entity, that makes the most sense to me. Bank accounts are usually associated with the legal entity, not the operating unit or business group.

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Gianna

6 months ago

Yes, Bank Account is indeed owned by Legal Entity in the Multi-Org model.

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Sylvia

6 months ago

Yes, Bank Account is associated with Legal Entity in the Multi-Org model.

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Jani

6 months ago

I agree, Legal Entity is the correct organization type that owns Bank Account.

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Sylvia

6 months ago

I agree, Legal Entity is the correct organization type that owns Bank Account.

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Rasheeda

6 months ago

Yes, Bank Account is indeed associated with the Legal Entity in the Multi-Org model.

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Larae

6 months ago

I agree, Legal Entity is the correct organization type that owns Bank Account.

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