Oracle
1Z0-516 · Question #121
1Z0-516 Question #121: Real Exam Question with Answer & Explanation
Sign in or unlock 1Z0-516 to reveal the answer and full explanation for question #121. The question stem and answer options stay visible for context.
Question
ABC Company in the United Kingdom has three subsidiaries in three different countries. It consolidates the accounts of all subsidiaries and the headquarters by using the average balances. John is new to Oracle General Ledger. He has just joined ABC Company. He needs to consolidate for the current month. On completion of the consolidation, John was not able to tally the consolidated figures with the ledgers. Select two reasons why John failed to see the correct balances. (Choose two.)
Options
- APosting of the consolidation journals may have failed.
- BHe forgot to add the prior periods consolidation in the current period.
- CManual adjustment needed after every consolidation was not performed.
- DJohn may not have reversed the prior periods consolidation in the current period.
Unlock 1Z0-516 to see the answer
You've previewed enough free 1Z0-516 questions. Unlock 1Z0-516 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.