Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 57

If AutoAccounting is set to derive accounting segments based on a standard line, the transaction line must be either ________________ or ________________.
Otherwise, AutoAccounting cannot derive a valid account code combination for revenue recognition.
Identify the two values. (Choose two.)

Answer options

• A. a standard memo line
• B. a purchasing item
• C. a credit memo line
• D. an inventory item
• E. a debit memo line

Correct answer: A, D

Explanation

The correct answers are A and D because a standard memo line and an inventory item are the only types that allow AutoAccounting to derive the necessary accounting segments for revenue recognition. Options B, C, and E do not meet the criteria required for AutoAccounting to function properly in this context.