Oracle
1Z0-516 · Question #99
Which three activities would use summary accounts? (Choose three.)
The correct answer is A. Formulate a budget for employee benefits in each company based on the total of all budgeted B. Estimate a sales commission accrual based on the total of all product sales for each division. D. Allocate the total monthly costs of the Information Services department to other departments. See the full explanation below for the reasoning.
Question
Which three activities would use summary accounts? (Choose three.)
Options
- AFormulate a budget for employee benefits in each company based on the total of all budgeted
- BEstimate a sales commission accrual based on the total of all product sales for each division.
- CCreate a monthly recurring standard journal entry to amortize Goodwill.
- DAllocate the total monthly costs of the Information Services department to other departments.
How the community answered
(47 responses)- A83% (39)
- C17% (8)
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