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Oracle Exam 1Z0-516 Topic 9 Question 21 Discussion

Actual exam question for Oracle's 1Z0-516 exam
Question #: 21
Topic #: 9
[All 1Z0-516 Questions]

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)

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

Leonard
20 days 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.
upvoted 0 times
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.
upvoted 0 times
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Noel
22 days ago
That makes sense too, we do need to consider combining the cash parents. I see your point.
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Frederica
24 days 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.
upvoted 0 times
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Noel
25 days ago
I think the answer is B) T-T-T-Cash because we need to review the cash balances by company.
upvoted 0 times
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