1Z0-342 practice question 12 of 25

Your client needs to consolidate their financial information from various business sites. Which statement does NOT represent a difference between a Multi-Site Consolidation and other Organizational Structure?

Full set: 160 questions
Answer options
A: Multi-site consolidation uses elimination rules; Organizational Structure does not use these rules.
B: You cannot consolidate the balance of multiple locations in a mufti-site consolidation, but you can perform this activity with organizational reporting structure. Correct answer
C: Multi-site consolidation can process consolidation from non-EnterpriseOne applications.
D: User Defined Codes 00/01 through 00/30 and 09/01 through 09/23 must be updated prior to defining the business unit and account structure.
E: The Organizational Structure Definition application updates the Structure Definition table.
Correct Answer:
B. You cannot consolidate the balance of multiple locations in a mufti-site consolidation, but you can perform this activity with organizational reporting structure.
Explanation

Multi-Site Consolidation (MSC) is specifically designed to consolidate account balances from multiple business locations and sites, including both JD Edwards EnterpriseOne and non-EnterpriseOne environments. Statement B claims that balances of multiple locations cannot be consolidated using multi-site consolidation, which is factually incorrect and does not accurately state a difference between MSC and Organizational Structures. MSC uses elimination rules and updates consolidated site tables, whereas standard organizational reporting hierarchies aggregate data within the company structure without requiring site-to-site transfer definitions or elimination rules.

Why Incorrect

A. This is a true statement describing a valid difference; MSC utilizes elimination rules to remove intercompany transactions, unlike simple reporting structures.
C. This represents a valid difference; MSC provides tools to import and process financial data from non-EnterpriseOne external software applications.
D. This is a true administrative requirement; UDC tables 00/01-00/30 and 09/01-09/23 must be configured prior to setting up business unit structures.
E. This is a correct functional difference; the Organizational Structure Definition application updates the Structure Definition table (F00061) specifically for reporting trees.

References

1. Oracle JD Edwards EnterpriseOne Applications General Ledger Implementation Guide, Release 9.2.x, "Understanding Multi-Site Consolidation", Chapter 21.

2. Oracle JD Edwards EnterpriseOne Applications General Ledger Implementation Guide, "Setting Up Multi-Site Consolidations", Section: Structure Definitions and Rules.

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