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Oracle

1Z0-516 · Question #145

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart…

The correct answer is D. Use ledger sets to combine the adjustments-only secondary ledger with the primary ledger when. See the full explanation below for the reasoning.

Question

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart of accounts, accounting calendar or period-type combination, and currency as the associated primary ledger. John wants to obtain a complete accounting representation that includes both transactional data and adjustments while running reports. Identify the best option.

Options

  • AMerge the primary ledger and the secondary ledger, and run reports.
  • BTransfer adjustment data from the secondary ledger to the primary ledger while running reports.
  • CTransfer transactional data from the primary ledger to the secondary ledger while running reports.
  • DUse ledger sets to combine the adjustments-only secondary ledger with the primary ledger when

How the community answered

(34 responses)
  • A
    3% (1)
  • B
    3% (1)
  • C
    12% (4)
  • D
    82% (28)

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