Oracle Exam 1Z0-516 Topic 10 Question 27 Discussion

Actual exam question for Oracle's 1Z0-516 exam

Question #: 27
Topic #: 10

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart of accounts, accounting calendar or period-type combination, and currency as the associated primary ledger.

John wants to obtain a complete accounting representation that includes both transactional data and adjustments while running reports. Identify the best option.

AMerge the primary ledger and the secondary ledger, and run reports.

BTransfer adjustment data from the secondary ledger to the primary ledger while running reports.

CTransfer transactional data from the primary ledger to the secondary ledger while running reports.

DUse ledger sets to combine the adjustments-only secondary ledger with the primary ledger when running reports.

Show Suggested Answer

Suggested Answer: D

by Raelene at Aug 26, 2024, 01:51 PM

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Denny

6 days ago

Hmm, I'm not sure about merging the ledgers. That could get messy. Option D sounds like the way to go - keep them separate but use ledger sets to combine the data. Nice!

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Hubert

6 days ago

I think the best option is to merge the primary ledger and the secondary ledger.

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Dolores

8 days ago

Wow, this is a tricky one! I'd go with option D - using ledger sets seems like the most efficient way to get that complete accounting view.

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