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All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?
A. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.
B. Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment
C. Define multiple ledgers for consolidation and report on ledger set
D. Use Oracle Hyperion Financial Management for this type of complex consolidation
Answer: B

NEW QUESTION: 2
Why would a user see a catalog item without seeing any other items in the service assigned to that item?
A. The service does NOT include the item.
B. The blueprint has NOT been published.
C. The user's entitlement does NOT include the service.
D. There are no actions assigned to the entitlement.
Answer: C

NEW QUESTION: 3
Identify the four reports you must run when reconciling invoices and payments to the Accounts Payable Trial Balance Report. (Choose four.)
A. Accounts Payable Trial Balance - current period
B. Void Check Register
C. Accounts Payable Trial Balance - prior period
D. Account Analysis - (132 Char) / Account Analysis - (180 Char).
E. Posted Payments Report
F. Payables Transfer to General Ledger Reports
G. Posted Invoices Report
Answer: A,C,E,G


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