1Z0-1054-21 Exam Dumps | Before implementing Financials Cloud, your customerused to manually reconcile their intercompany payables

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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
Oracle.1Z0-1054-21.v2022-03-10.q34
Question 32

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Question 32/34

Before implementing Financials Cloud, your customerused to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

A. Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances

B. In Financials Cloud, you must manually reconcile your intercompany account balances

C. Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances

D. Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance

E. Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances

Correct Answer: D

Explanation
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