Oracle
1Z0-408 · Question #56
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the process of…
The correct answer is D. Create a manual journal that includes the eliminating entries, and then create a copy of the. See the full explanation below for the reasoning.
Question
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?
Options
- AUse the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task
- BUse the General Ledger's Calculation Manager to define an allocation definition to eliminate
- CThere is no way to automate this process if the customer is not using Oracle Hyperion
- DCreate a manual journal that includes the eliminating entries, and then create a copy of the
How the community answered
(22 responses)- A5% (1)
- B18% (4)
- C5% (1)
- D73% (16)
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