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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 that allows users to input dat
a. Which three actions are consistent with this? (Choose three.)

A) Grant the data input users Write access to the dimension members used on the form.
B) Set the currency on the form to Parent Currency.
C) Select level 0 dimension members for POV\ rows, and columns. www*'
D) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
E) Set the consolidation member on the form to FCCS Entity Input.

2. Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

A) FCCS_No Data Source
B) FCCS_SystemTypes
C) FCCS_Proportion
D) FCCS_Data Input

3. What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?

A) FCCS_Contribution
B) FCCS_Entity Total
C) FCCS_Entity Consolidation
D) FCCS_Parent Currency

4. Which statement is FALSE when setting up Shared Entities?

A) When data is posted to one shared entity, the data is posted to all instances.
B) The calculation status will not change in all instances when data is changed in one instance.
C) The Data Storage Member Property must set to "Dynamic Calc".
D) You build an alternate hierarchy by using partial share Entity members.

5. What will
Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?

A) Subtract amounts aggregated to the parent.
B) This setting does not affect aggregation to the parent.
C) Add amounts aggregated to the parent.
D) You cannot load data to this account.

Solutions: