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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which four sample ratios can be selected during business process creation? (Choose four.)

A) Contribution Margin
B) Inventory Ratios
C) Days Sales in Receivables
D) Gross Margin
E) Earnings per Share
F) Debt Ratio

2. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules run as part of the consolidation process
B) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
C) Seeded rule sets are provided for Equity Pickup.
D) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

3. Which statement is FALSE about Task Manager schedules?

A) You can still add tasks to a schedule that has been closed.
B) To start all the tasks in a schedule, you must change the status from Pending to Open.
C) Users can still complete tasks in a schedule that has been closed.
D) You can re-open a schedule that has been locked.

4. Which statement is true about an approval process with the Phase Dependency option enabled?

A) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.
B) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
C) Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.
D) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

5. What action requires refreshing the database?

A) You change the ownership percentage for an entity.
B) You edit the Consolidation Operator for a member in the Account dimension.
C) You edit the alias for a member in the Entity dimension.
D) You deploy a new Configurable Calculation rule in Calculation Manager.

Solutions: