You are implementing Oracle General Ledger at ABC Enterprises. ABC Enterprises is a
legal entity and must perform corporate and statutory reporting. It operates in a country that
requires companies to have two complete ledgers: one for statutory reporting and another
for corporate reporting. Identify the best option for primary and secondary ledgers.
A.
Use the primary ledger to satisfy corporate reporting requirements, and then use a
secondary ledger to satisfy statutory reporting requirements.
B.
Use the primary ledger to satisfy statutory reporting requirements, and then use a
secondary ledger to satisfy corporate reporting requirements.
C.
Use the primary ledger to satisfy corporate reporting requirements, and then use an
adjustment-only secondary ledger to satisfy statutory reporting requirements.
D.
Use the primary ledger to satisfy statutory reporting requirements, and then use an
adjustmentonly secondary ledger to satisfy corporate reporting requirements.