Multiple choice technology packaged enterprise solutions

Which action do you need to perform in order for Oracle Receivables to enable you to maintain transactions and balances in multiple currencies for the purposes of MRC?

  1. A.Define currency conversion types.

  2. B.Enable the multicurrency option in the Bank setup window.

  3. C.Associate set of books in the system options window.

  4. D.Assign the primary set of books to the reporting set of books.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

For Multiple Reporting Currencies (MRC), the system requires assigning the primary set of books to the reporting set of books in the setup configurations. Defining conversion types, bank setups, or system options are secondary configuration details that do not establish the underlying MRC relationship itself.

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