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Question Number 9
A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution. Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)
A. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
B. dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
C. leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
D. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards
E. provide the ability to collaborate during close and analyse transaction detail in real time
A. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint D. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards
✔ Correct Answer:
A. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint D. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards
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