1Z0-1055-23 Exam Dumps | A company has three legal entities each with a corresponding business unit all within the same country.

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Oracle Financials Cloud: Payables 2023 Implementation Professional
Oracle.1Z0-1055-23.v2025-06-17.q69
Question 46

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Question 46/69

A company has three legal entities each with a corresponding business unit all within the same country. All organizations buy and sell the same products. You are configuring the tax setup.
What is the minimum number of Tax Regimes you need to configure for this company?

A. 2

B. 6

C. 1

D. 3

Correct Answer: D

You must set up a separate tax registration to represent each distinct registration requirement for a first party legal reporting unit.

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