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Oracle

1Z0-960 · Question #31

1Z0-960 Question #31: Real Exam Question with Answer & Explanation

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Question

All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is Oracle's recommend approach to performing consolidations?

Options

  • AUse Oracle Hyperion Financial Management for this type of complex consolidation.
  • BTranslate balances to the corporate currency, create a chart of accounts mapping to the
  • CTranslate balances to the corporate currency for ledgers not in the corporate currency, use
  • DCreate separate ledgers for each subsidiary that shares the same chart of accounts, calendar,

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