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Oracle

1Z0-516 · Question #64

Which three are true about the Global Consolidation System? (Choose three.)

The correct answer is A. consolidates data from legacy feeder system C. performs multidimensional analysis of consolidated financial data using Oracle Financial Analyzer D. automatically generates journal entries to eliminate intercompany balances based on defined. See the full explanation below for the reasoning.

Question

Which three are true about the Global Consolidation System? (Choose three.)

Options

  • Aconsolidates data from legacy feeder system
  • Bconsolidation process creates consolidated journal entries in both parent and subsidiary sets of
  • Cperforms multidimensional analysis of consolidated financial data using Oracle Financial Analyzer
  • Dautomatically generates journal entries to eliminate intercompany balances based on defined

How the community answered

(37 responses)
  • A
    70% (26)
  • B
    30% (11)

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