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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

A) The new task will run outside of the schedule end date.
B) The schedule end date changes to match the end date of the task.
C) The task will not run.
D) An error, you can't add a new task past the due date.

2. Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

A) FCCS_Proportion
B) FCCS_Rate Override
C) FCCS_Amount_Override
D) FCCS_Translation
E) FCCS_Elimination
F) FCCS_Contribution

3. You are required to create a form that allows users to input dat
a. Which three actions are consistent with this? (Choose three.)

A) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
B) Set the currency on the form to Parent Currency.
C) Grant the data input users Write access to the dimension members used on the form.
D) Select level 0 dimension members for POV\ rows, and columns. www*'
E) Set the consolidation member on the form to FCCS Entity Input.

4. The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

A) PQR
B) H 1 and P 2
C) Hickory and Paducah
D) No elimination is performed, because H 1 and P 1 do not have the same parent.

5. For which three tasks can Data Management be used? (Choose three.)

A) loading data from a fixed width or delimited text file
B) writing back data to source systems
C) loading a Metadata Import File
D) loading data that is period-to-date or year-to-date
E) drilling through from a web form or Smart View

Solutions: