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Oracle

1Z0-516 · Question #125

Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select…

The correct answer is A. Only one action can be defined per parent segment. C. Consolidations based on segment rules process faster. E. A segment rule action must be defined for each segment in the parent chart of accounts. See the full explanation below for the reasoning.

Question

Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select three statements that apply to consolidating ledgers with different charts of accounts. (Choose three.)

Options

  • AOnly one action can be defined per parent segment.
  • BConsolidations based on account rules process faster.
  • CConsolidations based on segment rules process faster.
  • DSegment rules override account rules if there is any conflict.
  • EA segment rule action must be defined for each segment in the parent chart of accounts.

How the community answered

(21 responses)
  • A
    76% (16)
  • B
    14% (3)
  • D
    10% (2)

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