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Exam Code: Module-0

Exam Name: Entry exam of the Certified Actuarial Analyst qualification

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NEW QUESTION: 1
XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia,
the UK, and China. The Australian and the US operations can share the same chart of accounts
segments, and the UK and China operations can share the same chart of accounts segments. All
operations share the same calendar or period-type combination, but not the currency. Each
country requires that a separate accounting data be maintained.
Identify the number of legal entities to be created and the number of accounting setups.
A. Create two legal entities and four accounting setups.
B. Create four legal entities and one accounting setup.
C. Create four legal entities and four accounting setups.
D. Create one legal entity and four accounting setups.
Answer: C


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