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Oracle

1Z0-516 · Question #383

ABC Enterprise wants to achieve processing efficiencies in its accounts closing cycle. It has multiple ledgers and needs to summarize balances across ledgers. ABC Enterprise is security conscious…

The correct answer is B. Ledger sets. See the full explanation below for the reasoning.

Question

ABC Enterprise wants to achieve processing efficiencies in its accounts closing cycle. It has multiple ledgers and needs to summarize balances across ledgers. ABC Enterprise is security conscious and wants to restrict user access on ledgers. All its ledgers share the same chart of accounts and accounting calendar or period-type combination. Identify which functionality of Oracle General Ledger serves the need of ABC Enterprise.

Options

  • ALedgers
  • BLedger sets
  • CConsolidation
  • DData access sets
  • EBalance transfers

How the community answered

(19 responses)
  • A
    5% (1)
  • B
    74% (14)
  • C
    5% (1)
  • D
    16% (3)

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