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Oracle

1Z0-517 · Question #13

Select three statements that apply to the Global Consolidation System (GCS). (Choose three.)

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

Question

Select three statements that apply to the Global Consolidation System (GCS). (Choose three.)

Options

  • AIt consolidates data from the legacy feeder system.
  • BThis system creates consolidated journal entries in both the parent and subsidiary sets of books.
  • CGCS automatically generates journal entries to eliminate intercompany balances based on
  • DIt performs multidimensional analysis of consolidated financial data by using Oracle Enterprise

How the community answered

(35 responses)
  • A
    77% (27)
  • B
    23% (8)

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