Which five statements are true about the elements required for a set of books?

Which five statements are true about the elements required for a set of books? (Choose
five.)

Which five statements are true about the elements required for a set of books? (Choose
five.)

A.
The same segment security rules apply to all segments that use the same value sets and
have security enabled, although you can choose to assign the security rules to specific
responsibilities.

B.
Multiple chart of accounts structures can share the same value sets.

C.
It is technically possible to use the same balancing segment value in multiple sets of
books.

D.
Each set of books must have its own unique accounting calendar defined.

E.
Period Type Calendar results in fiscal year being used in the system name of accounting
periods.

G.
General Ledger converts amounts in a foreign currency to functional currency by using
Corporate rate type only.
Adjusting periods are used for journal entries originating in General Ledger only.

G.
General Ledger converts amounts in a foreign currency to functional currency by using
Corporate rate type only.
Adjusting periods are used for journal entries originating in General Ledger only.

H.
Enable the appropriate functional currency before you define a set of books.



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