1z0-1081-23 Exam Dumps | For which scenario would an On-Demand rule be an appropriate solution?

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Oracle.1z0-1081-23.v2024-01-26.q27
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Question 14/27

For which scenario would an On-Demand rule be an appropriate solution?

A. To import data into a form or Smart View worksheet

B. To add a column with a calculation to a report

C. To allocate data to base entities prior to consolidation

D. To perform a custom currency translation for a subset of accounts

Correct Answer: D

Explanation
Performing a custom currency translation for a subset of accounts is a scenario where an On-Demand rule would be an appropriate solution. An On-Demand rule is a type of business rule that can be executed manually by users on forms or Smart View worksheets. An On-Demand rule can perform calculations or transformations on selected data cells without affecting other data cells. For example, an On-Demand rule can be used to translate data from local currency to reporting currency using a different exchange rate than the default one for a subset of accounts. References: Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 61-62; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-1.

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