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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

Question 1

Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?

A. None
B. Write
C. Comment
D. Read

Question 2

If the
Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?

A. The FCCS_No Intercompany member of the ICP dimension is used for all data.
B. An extra custom dimension is available.
C. Data can be stored by intercompany partner but no eliminations will occur.
D. The ICP dimension is omitted.

Question 3

When can the Intercompany Dimension be enabled and n=made visible within your application?

A. during application creation and selecting the Intercompany Data feature option
B. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
C. during application creation and selecting Multi-source Data Input of Other Data
D. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute

Question 4

For which
three dimensions is security enabled by default?

A. Data Source
B. Account
C. Entity
D. Consolidation
E. Scenario

Question 5

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

Solutions: