(Choose three.)

Jason, the corporate controller of ABC.com where you are implementing Oracle General
Ledger, Accounts Payable, an Accounts Receivable, is very excited about the Global
Intercompany System (GIS). He wrote some notes from a conversation with his accounting
manager about GIS. He wants you to validate which points he has written down about GIS
are true. Identify Jason’s three correct points. (Choose three.)

A.
GIS enables intercompany transactions to be approved after transfer from AP and AR.

B.
Unlike intercompany accounting within the same set of books, GIS only works between
sets of books but not within the same set of books.

C.
Intercompany journals are created automatically as soon as they are approved.

D.
You can set up GIS so that the sender’s transactions do not need to be approved by the
receiver.

E.
If a sender approves the transaction but the receiver rejects it, the transaction is recalled.

G.
Each company that uses GIS must be set up as a subsidiary that is associated with a
balancing segment value.
You can optionally send notifications to a defined user or responsibility when an
intercompany transaction is initiated.

G.
Each company that uses GIS must be set up as a subsidiary that is associated with a
balancing segment value.
You can optionally send notifications to a defined user or responsibility when an
intercompany transaction is initiated.

Explanation: