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Oracle

1Z0-516 · Question #11

What are three benefits of using the Journals Import: Group By Effective Date profile option? (Choose three.)

The correct answer is C. Make daily updates to daily business intelligence. D. Account for business transactions by effective date or by accounting date. E. facilitates financial auditing and compliance with the new Sabanes-Oxley Act. See the full explanation below for the reasoning.

Question

What are three benefits of using the Journals Import: Group By Effective Date profile option? (Choose three.)

Options

  • AFacilitate more transparent exchange rate conversions.
  • BFacilitate consolidation.
  • CMake daily updates to daily business intelligence.
  • DAccount for business transactions by effective date or by accounting date.
  • Efacilitates financial auditing and compliance with the new Sabanes-Oxley Act

How the community answered

(13 responses)
  • A
    8% (1)
  • B
    23% (3)
  • C
    69% (9)

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Full 1Z0-516 Practice