Oracle
1Z0-960 · Question #58
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the process of…
The correct answer is C. There is no way to automate this process if the customer is not using Oracle Hyperion Financial. See the full explanation below for the reasoning.
Question
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?
Options
- AUse the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task
- BUse the General Ledger's Calculation Manager to define an allocation definition to eliminate
- CThere is no way to automate this process if the customer is not using Oracle Hyperion Financial
- DCreate a manual journal that includes the eliminating entries, and then create a copy of the
How the community answered
(70 responses)- A3% (2)
- B4% (3)
- C81% (57)
- D11% (8)
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