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

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. You are required to create a form to allow users to input dat
a. Which three actions or form components selected should accomplish this?

A) Give data input users WRITE access to form dimension members
B) Set the currency on the form to the reporting currency member USD_Reporting
C) Set access rights for data input users to the form
D) Level 0 dimension members on POV, rows and columns

2. 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.

3. Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A) calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
B) pre-built integrations to combine narrative and data to produce both internal and external reporting packages
C) calculations, dashboards and reports to provide analysis for cash flow modeling
D) calculations, dashboards and reports built on planning frameworks to provide cash flow planning

4. Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)

A) FCCS_Accounts Payable account member
B) FCCS_CashChange movement member
C) FCCS_CashFlow_Operating movement member
D) FCCS_CashFlow_Accounts Payable account member
E) FCCS_Total Balance Sheet - Cash and NonCash account member

5. A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

A) Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
B) Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
C) Load detailed Fixed Asset data to Movement members.
D) Add custom Movement members to the FCCS_CashFlow hierarchy.
E) Create a Roll Forward in the account dimension.

Solutions: