Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables
and receivables accounts.
What is a more automated approach to do this?
A.
Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances.
B.
In Financials Cloud, you must manually reconcile your intercompany account balances.
C.
Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany
payables and receivables balances.
D.
Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to
automatically reconcile intercompany balances.
E.
Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables
accounts that are out of balance.
E is correct answer
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9DAAC7706212CF48E040D30A6881766A
i guess C
Reference :
Payables and Receivables to Ledger Reconciliation Reports
Leverage the Payables to Ledger Reconciliation and the Receivables to Ledger Reconciliation reports using the interactive Oracle Transactional Business Intelligence (OTBI) reporting technology to:
Expand account balance information from summarized to detail data for optimal reconciliations.
Facilitate manageability and clarity for the reconciliation process.
Note
The Receivables to Ledger Reconciliation report and the Payables to Ledger Reconciliation report are delivered OTBI reports. The reports cannot be modified by an end user using the Answers reporting tool like most of the other delivered OTBI reports. To change the report format or output, create your own report using the underlying subject areas from Receivables, Payables, Subledger Accounting, and General Ledger.
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9891AEB9ED5F3B30E040D30A68812494
Yes, but the question is about Intercompany AR/AP recs, not the AR/AP to GL recs.
Therefore, correct answer should be E.