Oracle Exam 1Z0-516 Topic 6 Question 23 Discussion

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

Question #: 23
Topic #: 6

[All 1Z0-516 Questions]

Identify the three actions that you can perform using the consolidation workbench. (Choose three.)

AAccess the state controller.

BChange the chart of accounts.

CCreate consolidations sets, which launch multiple consolidations in a single step.

DCreate multi-level hierarchies, which you can view using the graphical consolidation hierarchy viewer.

Show Suggested Answer

Suggested Answer: A, C, D

by Brittani at Jun 29, 2024, 07:31 AM

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Mary

5 months ago

I think B could be useful if you need to align the accounts across entities for consolidation purposes.

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Benton

5 months ago

I'm not sure about B. Changing the chart of accounts seems unrelated to consolidation.

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Elbert

5 months ago

I agree with Rutha. Those actions make sense for consolidation.

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Rutha

5 months ago

I think the three actions are A, C, and D.

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Selma

5 months ago

Haha, I bet the exam writers threw in B just to see if we're paying attention. No way can you change the chart of accounts using the consolidation workbench!

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Daren

5 months ago

Definitely C and D, but I'm not sure about the third one. Maybe A since it mentions the state controller, which could be related to the consolidation process.

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Erin

4 months ago

Yes, let's go with those three for our answer.

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Dante

5 months ago

So, we both think A, C, and D are the correct actions to perform.

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Ulysses

5 months ago

I agree, C and D are definitely actions you can perform in the consolidation workbench.

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Malissa

5 months ago

I think A is correct because it mentions the state controller.

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Rose

5 months ago

I think C and D are the correct actions, as they mention creating consolidation sets and multi-level hierarchies, which are key features of the consolidation workbench.

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Becky

4 months ago

Yes, those are two of the correct actions. Accessing the state controller is also an important action in the consolidation workbench.

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Malcolm

5 months ago

I agree, creating consolidation sets and multi-level hierarchies are important actions in the consolidation workbench.

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Maryanne

5 months ago

Yes, those actions are crucial for streamlining the consolidation process and organizing financial data efficiently.

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Kimberlie

5 months ago

I agree, creating consolidation sets and multi-level hierarchies are important actions in the consolidation workbench.

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