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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. How do you navigate if you want to export a form to a Snapshot file?

A) From the Home page, select Tools, and then Clone Snapshot.
B) From the Home page, select Tools, and then Migration.
C) Open the form, select Actions, and then Export.
D) From the Navigator menu, select Forms.

2. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)

A) FX Rates - Average
B) FX Rates - Opening
C) FX Rates - None
D) FX Rates - Historical
E) FX Rates - Ending

3. You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A) Tile
B) Bar
C) Gauge
D) Line

4. Which statement is FALSE about running consolidations?

A) When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.
B) When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
C) Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
D) When you consolidate a parent, children with the Impacted calculation status are also consolidated.

5. Which two conditions are required for foreign currency translation to take place during the default consolidation process? (Choose two.)

A) The default currency of the child is different from the default currency of the parent.
B) The child entity is NOT a shared entity.
C) To specify exchange rates you must set up multiple currencies when creating an application.
D) Reporting currencies have been defined in the Currency dimension.

Solutions: