Oracle
1Z0-1054 · Question #27
1Z0-1054 Question #27: Real Exam Question with Answer & Explanation
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Question
All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is Oracle's recommended approach to performing consolidations?
Options
- ATranslate balances to the corporate currency, create a chart of accounts mapping to the corporate
- BTranslate balances to the corporate currency for ledgers not in the corporate currency, use
- CCreate separate ledgers for each subsidiary that shares the same chart of accounts, calendar,
- DUse Oracle Hyperion Financial Management for this type of complex consolidation.
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