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Oracle

1Z0-516 · Question #717

Which statement is correct about the differences between the functionalities of parent accountsand summary accounts?

The correct answer is D. Summary account balances can be viewed in the Account Inquiry form, whereas parent account. See the full explanation below for the reasoning.

Question

Which statement is correct about the differences between the functionalities of parent accountsand summary accounts?

Options

  • ASummary accounts cannot be used in budget formulas, whereas parent accounts can be used in
  • BSummary accounts speed up the posting process, whereas parent accounts require additional
  • CSummary accounts use the summing segment type for MassAllocations, whereas parent
  • DSummary account balances can be viewed in the Account Inquiry form, whereas parent account
  • ESummary accounts slow down the generation of Financial Statement Generators, whereas parent

How the community answered

(45 responses)
  • A
    4% (2)
  • B
    13% (6)
  • C
    2% (1)
  • D
    71% (32)
  • E
    9% (4)

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