1Z0-1081-20 Exam Dumps | Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European

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Oracle Financial Consolidation and Close 2020 Implementation Essentials
Oracle.1z0-1081-20.v2021-03-31.q30
Question 15

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Question 15/30

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company thatconsolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?

A. A translation to the USD_Reporting currency member for Company IOU

B. A consolidation of Company 123

C. A translation of Company IOU

D. A translation of Company XYZ to Parent Currency

E. A consolidation of Company XYZ

Correct Answer: D

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