You are implementing Oracle General Ledger at ABC.coms site. ABC.com is based in the
US but has a global presence in many countries worldwide, and has transactions in multiple
currencies. The implementation team decides that GL multi currency setup will be part of the
implementation. The GL accountant approaches you to discuss multiple reporting currencies
(MRC); he wants to implement MRC and link the primary set of books with the reporting set
of books. Additionally, he says that the primary and reporting sets of books all have different
calendars but share the same chart of accounts. What response do you provide?
A.
The primary and reporting set of books must share the same calendar and chart of
accounts.
B.
There is no problem in satisfying this requirement.
C.
The primary and reporting set of books must share the same currency and chart of
accounts.
D.
The primary and reporting set of books must share the same calendar, currency and chart
of accounts.