Oracle Exam 1Z0-516 Topic 10 Question 27 Discussion

Actual exam question for Oracle's 1Z0-516 exam

Question #: 27
Topic #: 10

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart of accounts, accounting calendar or period-type combination, and currency as the associated primary ledger.

John wants to obtain a complete accounting representation that includes both transactional data and adjustments while running reports. Identify the best option.

AMerge the primary ledger and the secondary ledger, and run reports.

BTransfer adjustment data from the secondary ledger to the primary ledger while running reports.

CTransfer transactional data from the primary ledger to the secondary ledger while running reports.

DUse ledger sets to combine the adjustments-only secondary ledger with the primary ledger when running reports.

Show Suggested Answer

Suggested Answer: D

by Raelene at Aug 26, 2024, 01:51 PM

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Peggy

9 months ago

Option D is the way to go, for sure. I bet John's secondary ledger is just for 'adjustments' like, you know, covering up his mistakes. Ledger sets to the rescue!

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Kristofer

7 months ago

D) Use ledger sets to combine the adjustments-only secondary ledger with the primary ledger when running reports.

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Emiko

8 months ago

C) Transfer transactional data from the primary ledger to the secondary ledger while running reports.

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Rex

8 months ago

B) Transfer adjustment data from the secondary ledger to the primary ledger while running reports.

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Tien

8 months ago

A) Merge the primary ledger and the secondary ledger, and run reports.

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Alica

9 months ago

Hah, I bet John wishes he had just used ledger sets from the start! Option D is the way to go, no doubt about it.

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Lanie

8 months ago

Option D is the way to go for sure.

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Elvera

8 months ago

Definitely, it would have made things easier for John.

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Wilda

8 months ago

I agree, using ledger sets is the best option.

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Cherilyn

9 months ago

I believe using ledger sets to combine the adjustments-only secondary ledger with the primary ledger is the way to go.

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Glory

10 months ago

I disagree, transferring adjustment data from the secondary ledger to the primary ledger seems more efficient.

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Henriette

10 months ago

Option D is the clear winner here. Who wants to deal with all that data transfer nonsense? Ledger sets FTW!

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Louvenia

9 months ago

Yeah, it makes running reports so much easier and efficient.

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Glory

9 months ago

Definitely, transferring data back and forth sounds like a hassle. Ledger sets seem like the way to go.

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Claribel

9 months ago

I agree, ledger sets make it so much easier to combine the data for reporting.

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Lonny

9 months ago

I agree, using ledger sets is definitely the best option.

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Denny

10 months ago

Hmm, I'm not sure about merging the ledgers. That could get messy. Option D sounds like the way to go - keep them separate but use ledger sets to combine the data. Nice!

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Hubert

10 months ago

I think the best option is to merge the primary ledger and the secondary ledger.

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Dolores

10 months ago

Wow, this is a tricky one! I'd go with option D - using ledger sets seems like the most efficient way to get that complete accounting view.

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Rickie

9 months ago

John made a good decision by setting up both ledgers. Ledger sets will make reporting much easier.

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Sylvie

9 months ago

Option D seems like the best choice. Ledger sets can combine the primary and secondary ledgers for a complete view.

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Judy

9 months ago

I agree, using ledger sets is a smart way to include both transactional data and adjustments in reports.

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