Oracle Exam 1z0-1107-2 Topic 1 Question 18 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam

Question #: 18
Topic #: 1

Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)

AFinancial statements can be generated using different hierarchies to represent the data from different perspectives.

BFinancial statements can be generated only in HTML format.

CFinancial statements are generated using the data directly from the transactional tables.

DBusiness users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.

Show Suggested Answer

Suggested Answer: B, C, D

These are three additional attributes that are considered for duplicate invoice check when the Additional Duplicate Invoice Check feature is enabled. The Additional Duplicate Invoice Check feature is a feature that enables you to perform a more comprehensive check for duplicate invoices in Oracle Payables.The feature compares the invoice number, supplier name, supplier site, invoice amount, invoice date, and invoice type of the invoices and flags any potential duplicates1.Reference:Oracle Financials Business Process Certified Foundations Associate Rel 1

by Joaquin at Apr 28, 2024, 07:09 AM

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Lenita

2 months ago

B is clearly wrong - I've used the tool before and it can output to multiple formats. A and D are the winners here. Oh, and don't forget to factor in the impact of the full moon when analyzing those financial statements!

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Ilene

13 days ago

Yeah, A and D make sense. And thanks for the reminder about the full moon!

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Joye

22 days ago

I also think A and D are the right answers. The tool can output to different formats.

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Kerry

22 days ago

The full moon won't affect the financial statements, but it's always good to keep an eye on the data!

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Patrick

28 days ago

Yes, financial statements can be generated using different hierarchies and users can slice and dice data easily.

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Avery

1 months ago

I agree, B is definitely wrong. A and D are the correct choices.

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Vi

1 months ago

I agree, B is definitely wrong. A and D are the correct choices.

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Howard

2 months ago

Definitely A and D. Financial Reporting Web Studio is all about flexibility and giving business users control over their data. HTML-only output is a bit limiting though.

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Thaddeus

2 months ago

I'm not sure about C - generating the statements directly from the transactional tables seems like it could be risky or inefficient. I'd go with A and D.

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Coral

1 months ago

Yeah, A and D make more sense. It's important for business users to easily analyze the data across dimensions.

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Blondell

2 months ago

I agree, generating statements directly from transactional tables does seem risky. A and D sound like the safer options.

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Miriam

2 months ago

A and D seem to be the correct answers here. The ability to generate financial statements from different perspectives and to slice and dice the data is really powerful.

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