Oracle Exam 1Z0-516 Topic 4 Question 41 Discussion

Actual exam question for Oracle's 1Z0-516 exam

Question #: 41
Topic #: 4

[All 1Z0-516 Questions]

Choose three required steps while performing the accounting setup in the Accounting Setup Manager. (Choose three.)

ADefine operating units.

BUpdate accounting options.

CComplete the accounting setup.

DDefine intercompany balancing rules.

ECreate the accounting setup structure.

FAssign balancing segment values to legal entities.

Show Suggested Answer

Suggested Answer: B, C, E

by Lili at Mar 19, 2025, 12:16 PM

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Tatum

2 months ago

I believe D is also important for intercompany balancing rules.

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Candra

2 months ago

I agree with Catalina, those steps make sense for accounting setup.

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Catalina

2 months ago

I think the required steps are A, C, and E.

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Julio

3 months ago

Haha, looks like we need to do some accounting magic! I'd say A, C, and E are the way to go. Can't forget the complete setup, right?

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Julio

3 months ago

For sure, B, D, and F are the right choices. Updating accounting options, defining intercompany balancing rules, and assigning balancing segment values are critical.

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Noelia

1 months ago

Completing the accounting setup is essential to ensure everything is in place.

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Paz

1 months ago

I think defining operating units is also crucial for the accounting setup.

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Yuonne

2 months ago

I agree, those are definitely important steps to take.

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Dominga

3 months ago

I think the correct steps are A, D, and E. Defining operating units, intercompany balancing rules, and the accounting setup structure seem essential.

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Alpha

2 months ago

Creating the accounting setup structure is crucial for organizing financial data.

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Eileen

2 months ago

I think updating accounting options is also necessary for a complete setup.

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Merissa

2 months ago

I agree, defining operating units is important for accounting setup.

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Yvette

2 months ago

Creating the accounting setup structure is definitely a key step in the process.

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Elke

2 months ago

I think updating accounting options is also crucial for a complete setup.

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Rosalind

3 months ago

I agree, defining operating units is important for accounting setup.

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