Oracle
1Z0-1054 · Question #6
All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting. What is Oracle's recommended…
The correct answer is B. Use Oracle Hyperion Financial Management for this type of complex consolidation. See the full explanation below for the reasoning.
Question
All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?
Options
- AUse General Ledger's Financial Reporting functionality to produce consolidated reports by
- BUse Oracle Hyperion Financial Management for this type of complex consolidation
- CUse General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the
- DDefine multiple ledgers for consolidation and report on ledger set
How the community answered
(35 responses)- A9% (3)
- B71% (25)
- C17% (6)
- D3% (1)
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