ABC Enterprise has operations in the US (East), the US (West), the US (North), and the US
(South). The US (North) and the US (East) divisions want to have budgetary controls. The US
(West) wants to have journal approvals. ABC Enterprise reports to its parent company in the UK
and the reporting currency is GBP. The scope of implementation is for the US operations. The
currency, chart of accounts, and calendar are the same for all operations. Identify the number of
legal entities and primary ledgers that must be created.
A.
1 and 3
B.
1 and 4
C.
2 and 3
D.
1 and 2