You are implementing Oracle General Ledger at a client site. The client is based in the US,
but they have a global presence in many countries and transactions in multiple currencies.
The implementation team decides that the Oracle General Ledger multi-currency setup will
be a part of the implementation. The client’s Chief Financial Officer wants a system that has
these features:
1. Enter transactions and reports in any currency.
2. Enter exchange rates online or automatically.
3. Calculate realized and unrealized gains and losses. IV. Translate actual and budget
balances.
4. Produce foreign currency financial statements and reports.
Which requirements can be satisfied with the implementation?
A.
1, 2, and 3 only
B.
1, 2, 3, and 4 only
C.
1, 2, 4, and 5 only
D.
All requirements from 1 through 5 can be satisfied.