Oracle
1Z0-532 · Question #56
Identify the four processes through which Financial Management supports a virtual close.
The correct answer is A. A fully automated consolidation tool that combines financial data across many ledgers and consolidates C. Automated collection, mapping, verification, and movement of data D. Automated intercompany processing E. Analysis capabilities throughout close over the Web and in Excel. See the full explanation below for the reasoning.
Question
Identify the four processes through which Financial Management supports a virtual close.
Options
- AA fully automated consolidation tool that combines financial data across many ledgers and consolidates
- BAutomatic posting of eliminating entries, accrual entries, and allocations
- CAutomated collection, mapping, verification, and movement of data
- DAutomated intercompany processing
- EAnalysis capabilities throughout close over the Web and in Excel
How the community answered
(40 responses)- A78% (31)
- B23% (9)
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