Oracle Planning 2017 Implementation Essentials — Question 5

Which two statements are true when you are using the Intercompany Reconciliation Process?

Answer options

• A. Transaction Summary Report will show only transactions with status received.
• B. The reconciliation period summary report will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
• C. Ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
• D. You must run the Extract Intercompany Reconciliation Data job.
• E. The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver

Correct answer: C, E

Explanation

Option C is correct because it accurately describes the circumstances under which ledger balancing lines are created. Option E is also correct as it states that the reconciliation report does not show intercompany receivables and payables generated for both parties. The other options do not hold true in the context of the Intercompany Reconciliation Process.