Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 Question # 6 Topic 1 Discussion

Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 Question # 6 Topic 1 Discussion

1z0-516 Exam Topic 1 Question 6 Discussion:
Question #: 6
Topic #: 1

Identify three features of a Balancing Entity. (Choose three.)


A.

Balance sheets are prepared for a Balancing Entity.


B.

A Legal Entity may comprise one or more than one balancing segments.


C.

Multiple Balancing Entities within the same Operating Unit structure is not supported.


D.

A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.


E.

Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.


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