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Oracle

1Z0-333 · Question #59

1Z0-333 Question #59: Real Exam Question with Answer & Explanation

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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 does Oracle consider the best practice approach to performing consolidations?

Options

  • AUse Oracle Hyperion Financial Management for this type of complex consolidation.
  • BUse General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to
  • CUse General Ledger's Financial Reporting functionality to produce consolidated reports
  • DCreate separate ledgers for each subsidiary that shares the same chart of accounts,

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