Oracle AR Interview Question:

What is MRC and what is its use?

Submitted by: Administrator

Multiple Reporting Currencies is a unique set of features embedded in Oracle Apps that allows you to maintain and report accounting records at the transaction level in more than one functional currency.

mrc means multiple reporting currency,maximam 8 reporting curriences in possible in oracle apps,generely everyone having one fuctional currency, if u want convert the report into diffent currencies that only possible for eight currencies.
Submitted by: Administrator