Oracle 1Z0-1081-24 : Oracle Financial Consolidation and Close 2024 Implementation Professional

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?

A) Account Reconciliation Management
B) Process Management
C) Data Management
D) Financial Close Management
E) Supplemental Data Management

2. What is
the function of Source Mapping in Data Management?

A) Defined the input currency for each data source supplying data to the application.
B) Map local dimension members to the application dimension members.
C) Manage source periods in relation to global periods.
D) Define the close calendar periods.

3. For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?

A) Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
B) Click Configurable Consolidation on the Consolidation Process page and create a Configurable
C) Create an on-demand rule in Calculation Manager that you run after consolidation.
D) Edit the numbers using a web form or Smart View after consolidating.

4. Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

A) Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
B) Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
C) The Cash Change hierarchy cannot be modified.
D) The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
E) Siblings can be added to the FCCS_CashFlow_Investing member.
F) All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.

5. What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

A) Dynamic Calc and Store
B) Dynamic
C) Never Share
D) Store
E) No Rate

Solutions: