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Oracle

1Z0-1054 · Question #18

Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

The correct answer is D. Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and. See the full explanation below for the reasoning.

Question

Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

Options

  • AUse Oracle Hyperion Close Manager to automatically reconcile intercompany account balances
  • BIn Financials Cloud, you must manually reconcile your intercompany account balances
  • CRun the BI Publisher reports called Intercompany Transaction Summary and Account Details to
  • DRun the Intercompany Reconciliation report, which shows pairs of intercompany receivables and
  • ECreate a query using Oracle Transactional Business Intelligence (OTBI) that will match the

How the community answered

(28 responses)
  • B
    11% (3)
  • C
    4% (1)
  • D
    79% (22)
  • E
    7% (2)

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