1z0-1054-22 Exam Dumps | You are defining intercompany balancing rules that are applied to a specific source and category, such

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Oracle Financials Cloud: General Ledger 2022 Implementation Professional
Oracle.1z0-1054-22.v2022-10-10.q34
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Question 18/34

You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct? (Choose two.)

A. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

B. You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.

C. You can create a rule for all sources and categories by selecting the source "Other" and the category "Other".

D. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.

Correct Answer: C,D

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