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Exam 1z0-1081-20 topic 1 question 21 discussion

Actual exam question from Oracle's 1z0-1081-20
Question #: 21
Topic #: 1
[All 1z0-1081-20 Questions]

A company based in the United Kingdom has their 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 a historical rate in the GBP reporting currency?

  • A. Rate data for Common Stock must be loaded or entered in the Override Rates form.
  • B. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
  • C. Common Stock must have a Data Storage property set to Never Share.
  • D. USD must be created as a reporting currency.
  • E. The subsidiary must have a parent entity with a GBP currency.
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Suggested Answer: AE 🗳️
by hosin1 at June 21, 2022, 11:15 a.m.

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hosin1
2 years, 11 months ago
A, B are correct
upvoted 2 times
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