Oracle Planning 2017 Implementation Essentials — Question 29

You have 10 ledgers and 30 business units and want to leverage Reference Data Sets. What is the function of Reference Data Sets?

Answer options

• A. allow you to secure data by business unit
• B. allow you to assign multiple business units to users in a shared service center
• C. allow you to maintain sets of related data in a Data Dictionary
• D. allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup

Correct answer: D

Explanation

The correct answer is D because Reference Data Sets facilitate the sharing of information, such as payment terms, across different business units, which minimizes the need for repetitive data entry. Options A, B, and C do not accurately depict the primary purpose of Reference Data Sets, as they focus on data security, user assignments, and data management instead of sharing reference data.