What is the correct response?

You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the
US but has a presence in many countries worldwide, and has transactions in multiple
currencies. The implementation team decides that GL multicurrency setup will be part of the
implementation. The Controller wants a system which allows the flexibility to enter
transactions in any foreign currency, and at the same time automatically performs currency
conversion online and in real time. She wants to know whether this requirement could be
satisfied. What is the correct response?

You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the
US but has a presence in many countries worldwide, and has transactions in multiple
currencies. The implementation team decides that GL multicurrency setup will be part of the
implementation. The Controller wants a system which allows the flexibility to enter
transactions in any foreign currency, and at the same time automatically performs currency
conversion online and in real time. She wants to know whether this requirement could be
satisfied. What is the correct response?

A.
Account generator needs to be customized for journals to be entered in foreign currency.

B.
Oracle GL provides this functionality and there is no problem in satisfying the
requirement.

C.
Workflow needs to be customized for journals to be entered in foreign currency.

D.
Oracle GL does not support this functionality.



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