Oracle Financials Cloud General Ledger 2024 Implementation Professional · Free Practice Question Medium
Question 5
Your customer uses Financials Cloud, Projects, Inventory, and SCM. Which two statements are true about intercompany accounting for these products?
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A
In Financials Cloud, intercompany balancing rules are used to balance both cross-ledger allocation journals and single-ledger journals
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B
Intercompany balancing rules in General Ledger need to be mapped to the intercompany configuration in each product
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C
Intercompany balancing rules are defined centrally and applied across Financials and Projects.
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D
Each product has its own Intercompany Accounting feature that needs to be configured separately
Reveal correct answers
Correct answers: A, C
Discussion
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