Oracle Exam 1Z0-516 Topic 9 Question 21 Discussion

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

Question #: 21
Topic #: 9

A manager wants to review the cash balance by company. He has asked you to create the summary account template. The company's accounting flexfield has four segments:

company (5 values)

cost centers (30 values)

region (4 values)

account (180 values)

The total number of cash accounts is five that are associated with two parents:

Three accounts are associated with the parent called ''Checking.''

Two accounts are identified with the parent called ''Savings''.

To combine the cash parents, you create a rollup group named ''Cash.''

Which summary account template would you create to review the cash balances by company?

(D: Detail)

(T: Total)

AD-D-D-Cash

BT-T-T-Cash

CD-T-D-Cash

DT-D-T-Cash

ET-D-D-Cash

FD-T-T-Cash

Show Suggested Answer

Suggested Answer: B

by Samira at Jun 03, 2024, 01:16 AM

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Eulah

1 months ago

I think the key here is to not get too caught up in the details. Just remember: cash is king, and the answer is probably B) T-T-T-Cash.

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Leonardo

1 months ago

I'm going with D) T-D-T-Cash. It just feels right, you know? Besides, I'm not about to let a few cash accounts trip me up.

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Brandon

1 months ago

Ha! This question is a real head-scratcher. I'm just hoping I don't end up with a 'cash' hangover after this exam.

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Telma

1 months ago

Hmm, I'm not sure about that. The question says we need to review the cash balances by company, so I'm leaning towards E) T-D-D-Cash.

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Jerilyn

8 days ago

Yes, E) T-D-D-Cash would be the best option to review cash balances by company.

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Christiane

9 days ago

Yeah, that way we can get an overview of the cash balances before diving into the details for each company.

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Raina

12 days ago

I agree, focusing on the total cash balances first and then breaking it down by company seems like the right approach.

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Coletta

12 days ago

I agree, E) T-D-D-Cash seems like the right choice to review cash balances by company.

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Lashunda

15 days ago

I think E) T-D-D-Cash makes sense because we want to review the cash balances by company.

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Kerry

1 months ago

I think E) T-D-D-Cash makes sense for reviewing cash balances by company.

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Leonard

2 months ago

I think the answer is C) D-T-D-Cash, since we need to create a detail-level summary for the company, but a total-level summary for the cash accounts.

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Teri

22 days ago

I agree, C) D-T-D-Cash seems like the right choice for reviewing cash balances by company.

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Hollis

26 days ago

Exactly, it's important to have that breakdown for the company but simplify it for the cash accounts.

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Detra

1 months ago

That makes sense. We want to see the details for the company but just the total for the cash accounts.

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Lenna

1 months ago

I agree, C) D-T-D-Cash seems like the correct choice for reviewing the cash balances by company.

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Chantell

1 months ago

I think the answer is C) D-T-D-Cash, since we need to create a detail-level summary for the company, but a total-level summary for the cash accounts.

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Matthew

2 months ago

I think the answer is C) D-T-D-Cash, since we need to create a detail-level summary for the company, but a total-level summary for the cash accounts.

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Noel

2 months ago

That makes sense too, we do need to consider combining the cash parents. I see your point.

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Frederica

2 months ago

I disagree, I believe the answer is C) D-T-D-Cash because we need to combine the cash parents for the summary account template.

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Noel

3 months ago

I think the answer is B) T-T-T-Cash because we need to review the cash balances by company.

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