nerdexam
Oracle

1Z0-517 · Question #42

Identify three benefits of using the Journals Import: Group By Effective Date profile option. (Choose three.)

The correct answer is B. makes daily updates to daily business intelligence D. accounts for business transactions by effective date or by accounting date E. facilitates financial auditing and compliance with the new Sabanes-Oxley Act. See the full explanation below for the reasoning.

Question

Identify three benefits of using the Journals Import: Group By Effective Date profile option. (Choose three.)

Options

  • Afacilitates consolidation
  • Bmakes daily updates to daily business intelligence
  • Cfacilitates more transparent exchange rate conversions
  • Daccounts for business transactions by effective date or by accounting date
  • Efacilitates financial auditing and compliance with the new Sabanes-Oxley Act

How the community answered

(27 responses)
  • A
    15% (4)
  • B
    78% (21)
  • C
    7% (2)

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Full 1Z0-517 Practice