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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which three
are seeded data forms created during business process creation?

A) Data Status
B) Exchange Rate Multi-period
C) Headcount
D) Shares Outstanding
E) Override Rates

2. What will
Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?

A) Add amounts aggregated to the parent.
B) You cannot load data to this account.
C) This setting does not affect aggregation to the parent.
D) Subtract amounts aggregated to the parent.

3. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

A) FCCS Entity Consolidation
B) FCCS Contribution
C) FCCS Totallnput And Adisuted
D) FCCS Entity Total

4. What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

A) enables the Elimination member in the Consolidation dimension
B) enables the application to perform Intercompany eliminations
C) enables the application to include Intercompany data.
D) process will separate total elimination values by Data Source.

5. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A) Selecting the primary instance of a member does not include shared members.
B) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
C) If a shared member is selected for a rule, the primary instance of the member is selected as well.
D) Selecting a shared member for a rule does not include its primary instance.

Solutions: