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InterviewSolution
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What Is ‘summarization’ In Co? |
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Answer» ‘Summarization’ helps to condense and store the transaction DATA at the ‘COST center GROUP’ level. You may do the summarization for the highest NODE of the standard hierarchy or any of the ‘alternate HIERARCHIES.’ Once summarized, you will be able to create a vast number of reports with report run-time vastly reduced as all the data of the nodes are readily available from the summarized table. ‘Summarization’ helps to condense and store the transaction data at the ‘cost center group’ level. You may do the summarization for the highest node of the standard hierarchy or any of the ‘alternate hierarchies.’ Once summarized, you will be able to create a vast number of reports with report run-time vastly reduced as all the data of the nodes are readily available from the summarized table. |
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