1Z0-516 · Question #707
ABC.com would like a consolidation process to consolidate operations in the UK and US. ABC.com requires a summary of transactions from both companies. Company 01 is located in Chicago; Company 02 is…
The correct answer is A. Define a consolidation process using the Global Consolidation System by defining Parent C. Define an elimination set to include a group of related elimination entries. D. Define mapping rules to map Company 01 and Company 02 to Company 90. See the full explanation below for the reasoning.
Question
ABC.com would like a consolidation process to consolidate operations in the UK and US. ABC.com requires a summary of transactions from both companies. Company 01 is located in Chicago; Company 02 is located in London. Both companies share only the same calendar. Which actions should be considered when defining the consolidation process for ABC.com? (Choose all that apply.)
Options
- ADefine a consolidation process using the Global Consolidation System by defining Parent
- BSelect the transaction method for transferring data from Company 01 to Company 90.
- CDefine an elimination set to include a group of related elimination entries.
- DDefine mapping rules to map Company 01 and Company 02 to Company 90.
How the community answered
(37 responses)- A78% (29)
- B22% (8)
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