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Exam 1z0-1081-20 topic 1 question 25 discussion

Actual exam question from Oracle's 1z0-1081-20
Question #: 25
Topic #: 1
[All 1z0-1081-20 Questions]

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of
Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?

  • A. translation of Company XYZ to Parent Currency
  • B. A consolidation of Company 123
  • C. A consolidation of Company XYZ
  • D. A translation to the USD_Reporting currency member for Company IOU
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Suggested Answer: A 🗳️
by hosin1 at June 21, 2022, 11:22 a.m.

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hosin1
2 years, 11 months ago
D is correct
upvoted 2 times
...
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