nerdexam
Oracle

1Z0-516 · Question #87

ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC.com.

The correct answer is A. Enter eliminating journals and run financial reports. See the full explanation below for the reasoning.

Question

ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC.com.

Options

  • AEnter eliminating journals and run financial reports.
  • BRun revaluation and translation, transfer data and run financial reports.
  • CTransfer data and run financial reports.
  • DRun revaluation, translation, and eliminations; transfer data and run financial reports.
  • ERun translations, transfer data and run financial reports.

How the community answered

(41 responses)
  • A
    85% (35)
  • B
    2% (1)
  • C
    2% (1)
  • D
    2% (1)
  • E
    7% (3)

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Full 1Z0-516 Practice