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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?

A) add amounts consolidated to the parent
B) subtract amounts consolidated to the parent
C) you can't load data to this account
D) this setting will not affect additions or subtractions to the next parent

2. You need
to define a form that requires users to select the entity for which to view data from a list that includes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?

A) the Page Axis
B) rows
C) columns
D) the Point of View

3. In the
Movement dimension, for which two can you modify the default translation calculation?

A) Opening Balance Input
B) Opening Balance
C) Closing Balance
D) Base-level members under FCCS_Mvmts Subtotal

4. Which two statements are true about Cash Flow in the Movement dimension?

A) The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the
B) The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow
C) When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member
D) You can add shared members to the FCCS_CashChange hierarchy.

5. When enabling Multi-GAAP during application creation, which additional option is available?

A) Automatically calculate adjustment
B) Track Multi-Source Data Input
C) Allow adjustments for IFRS
D) Include Supplemental Data

Solutions: