You are implementing Oracle General Ledger at ABC Enterprises. ABC Enterprises is a legal
entity and must perform corporate and statutory reporting. It operates in a country that requires
companies to have two complete ledgers: one for statutory reporting and another for corporate
reporting. Identify the best option for primary and secondary ledgers.
A.
Use the primary ledger to satisfy corporate reporting requirements, and then use a secondary
ledger to satisfy statutory reporting requirements.
B.
Use the primary ledger to satisfy statutory reporting requirements, and then use a secondary
ledger to satisfy corporate reporting requirements.
C.
Use the primary ledger to satisfy corporate reporting requirements, and then use an
adjustment-only secondary ledger to satisfy statutory reporting requirements.
D.
Use the primary ledger to satisfy statutory reporting requirements, and then use an adjustmentonly secondary ledger to satisfy corporate reporting requirements.