Oracle Exam 1Z0-342 Topic 2 Question 96 Discussion

Actual exam question for Oracle's 1Z0-342 exam

Question #: 96
Topic #: 2

[All 1Z0-342 Questions]

Which are true statements about the Parent Company? (select 3)

AIt is the highest level of the reporting structure

BThe Fiscal Year Pattern is defined at the Parent Company level

CA Balance Sheet can be produced at the Parent Company level

DA Balance Sheet can NOT be produced at the Parent Company level

EIt is the lowest level of the reporting structure

Show Suggested Answer

Suggested Answer: A, B, C

by Reita at Jul 03, 2024, 12:19 PM

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Lajuana

5 months ago

I'm just impressed they included an option as ridiculous as 'the parent company can't produce a balance sheet.' That's gotta be a trick question, right?

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Vanda

3 months ago

Yes, those are the true statements about the Parent Company.

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Fatima

4 months ago

I believe the correct statements are A, B, and C.

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Darci

4 months ago

I agree, that option seems too absurd to be true.

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Daren

4 months ago

I think it's definitely a trick question.

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Casey

5 months ago

Haha, who would even think the parent company is the lowest level? That's like saying the CEO is the janitor. A, B, and C are the obvious correct answers here.

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Dahlia

3 months ago

I can't believe someone would think the Parent Company is the lowest level, that's just silly.

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Martina

3 months ago

Yeah, it's pretty obvious that the Parent Company is the highest level.

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Ardella

3 months ago

I agree, A, B, and C are definitely the correct answers.

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Maryanne

4 months ago

Totally, the Fiscal Year Pattern is defined at the Parent Company level for sure.

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Lashaunda

4 months ago

Yeah, it's pretty clear that the Parent Company is the highest level of the reporting structure.

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Loreen

4 months ago

I agree, A, B, and C are definitely true statements about the Parent Company.

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Josue

5 months ago

I'm not sure about D, but I know for sure that A is true. It is the highest level of the reporting structure.

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Matt

5 months ago

I agree with Glenn. A Balance Sheet can definitely be produced at the Parent Company level.

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Audra

5 months ago

Wow, this is an easy one. The parent company is the big boss, so of course it can do all the financial reporting. D and E are just silly options.

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Cherri

4 months ago

C) A Balance Sheet can be produced at the Parent Company level

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Peter

4 months ago

B) The Fiscal Year Pattern is defined at the Parent Company level

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Jin

4 months ago

A) It is the highest level of the reporting structure

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Glenn

5 months ago

I think A, B, and C are true statements about the Parent Company.

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Linette

5 months ago

A, B, and C are definitely true. The parent company is the top of the reporting structure, defines the fiscal year, and can produce a balance sheet. D and E are clearly false.

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Desiree

4 months ago

Yes, D and E are definitely false. The Parent Company is not the lowest level of the reporting structure.

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Glendora

4 months ago

I agree, A, B, and C are the correct statements about the Parent Company.

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