Oracle Analytics Cloud 2020 Implementation Essentials — Question 7

What will Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?

Answer options

• A. This setting does not affect aggregation to the parent.
• B. You cannot load data to this account.
• C. Add amounts aggregated to the parent.
• D. Subtract amounts aggregated to the parent.

Correct answer: C

Explanation

The correct answer is C because when aggregating data from an expense account to an income account, the system combines the amounts to report the overall financial picture accurately. Options A and B are incorrect as they misrepresent the aggregation process, and option D incorrectly suggests that the amounts would be deducted rather than added.