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Oracle

1Z0-532 · Question #40

Identify the three true statements about I/C activity.

The correct answer is A. Intercompany transactions are eliminated at the first common parent. C. Matching tolerances can be set by percent, dollar amount, or both. E. I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched. See the full explanation below for the reasoning.

Question

Identify the three true statements about I/C activity.

Options

  • AIntercompany transactions are eliminated at the first common parent.
  • BIntercompany transactions can be processed for both open and closed periods.
  • CMatching tolerances can be set by percent, dollar amount, or both.
  • DEliminations are processed during both Calculation and Consolidation processes.
  • EI/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.

How the community answered

(23 responses)
  • A
    83% (19)
  • B
    9% (2)
  • D
    9% (2)

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