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Exam 1z0-1054-21 topic 1 question 34 discussion

Actual exam question from Oracle's 1z0-1054-21
Question #: 34
Topic #: 1
[All 1z0-1054-21 Questions]

Which two statements are true regarding the Translation process? (Choose two.)

  • A. The Translation process can only be used to translate balance sheet accounts.
  • B. If necessary, before submitting the Translation process, the Revaluation process should be completed.
  • C. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
  • D. The Translation process can only be used for translating the balances of Secondary ledgers.
  • E. The Translation process should be run before posting Period Close adjustment entries.
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Suggested Answer: BD 🗳️

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