Oracle Recruiting Cloud 2022 Implementation Essentials — Question 2

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

Answer options

• A. Primary Balancing
• B. Intercompany Segment
• C. Secondary Balancing
• D. Cost center
• E. Natural Account

Correct answer: A, B, E

Explanation

The correct labels for the chart of account structure are Primary Balancing, Intercompany Segment, and Natural Account. Primary Balancing ensures financial data is correctly aggregated, Intercompany Segment tracks transactions between entities in different countries, and Natural Account categorizes financial transactions. Secondary Balancing and Cost center are not essential for this specific setup.