Oracle Financials Cloud General Ledger 2024 Implementation Professional · Free Practice Question Medium
Question 2
The intercompany accountants on the cloud project are trying to reconcile intercompany balances using the latest intercompany reconciliation report. However, they have some concerns about the information presented in the report and want you to clarify the content in the standard reconciliation report. What is included in the intercompany reconciliation report?
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A
It displays all clearing company balances for the period.
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B
It displays ledger balancing lines generated when the primary balancing segment (BSV) is in balance but not the second or third BSVs.
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C
It displays the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transactions
Reveal correct answer
Correct answer: C
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