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NEW QUESTION 36 You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. what would be your recommendation when defining ledgers?

  • A. User Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency
  • B. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
  • C. Define Balane-level Reporting currencies in the more stable currency and run Translation as often as you need.
  • D. Run Revaluation as often as you need to the more stable currency and report on the more stable currency's balances.

Answer: A   NEW QUESTION 37 Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?

  • A. Management Chain approval
  • B. Cost center based approval
  • C. Supervisory levelapproval
  • D. Approval Groups
  • E. Dynamic Approval Groups

Answer: C   NEW QUESTION 38 You entered a journal and theclient is asking for the following information: * The current account balance * What the future account balance will be if the journal is approved and posted How will you get this information?

  • A. Run a Trial Balance before and after posting
  • B. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
  • C. View the Projected Balances region in the Create Journals page
  • D. Query the account balance online

Answer: C   NEW QUESTION 39 ...... P.S. Free & New 1Z0-1054-21 dumps are available on Google Drive shared by PassTorrent: https://drive.google.com/open?id=1ixSTklqizDyFFjiDjto7JlKI1YMmeacS