View 1Z0-1081-21 Exam Question Dumps With Latest Demo [Jul 23, 2022]
Free 1Z0-1081-21 Test Questions Real Practice Test Questions
Oracle 1Z0-1081-21 Exam Syllabus Topics:
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NEW QUESTION 18
Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?
Response:
- A. Scenario, View, Parent Entity and Account
- B. Scenario, Account, Base Entity and Parent Entity
- C. Period, Scenario, Base Entity and Parent Entity
- D. Year, Scenario, Base Entity and Account
Answer: C
NEW QUESTION 19
Which two are required fields when registering a source system in Data Management?
- A. Drill Through URL
- B. Name
- C. Cloud Type
- D. Source System Type
Answer: A,B
Explanation:
Explanation/Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/ registering_file-based_source_systems.html
NEW QUESTION 20
Which statement is correct regardingintercompany eliminations?
- A. Intercompany eliminations are needed when a company divests itself of a division.
- B. Intercompany eliminations are generally required to remove the effect of transactions within the company.
- C. Intercompany eliminations are required for sustainability reporting to show the company's waste output.
- D. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.
Answer: B
NEW QUESTION 21
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which dayrange should you define?
- A. Day -3 to Day 3
- B. Day -3 to Day 4
- C. Day 1 to Day 7
- D. Day -2 to Day 4
Answer: C
NEW QUESTION 22
Which is true behavior of default FCCS_ members within an application?
Response:
- A. You can change the Name of these default FCCS_ members at any time.
- B. You can change the Alias of these default FCCS_ members at any time.
- C. You can change the default FCCS_ member prefix at application creation.
- D. You cannot change the Alias of these default FCCS_ members.
Answer: A
NEW QUESTION 23
Which dimension includes the FCCS_Global Assumption member that is used to store currency information?
Response:
- A. Entity
- B. Account
- C. Currency
- D. From Currency
Answer: A
NEW QUESTION 24
You are required to create a form that allows users to input data. Which three actions are consistent with this?
- A. Set the consolidation member on the form to FCCS_Entity Input.
- B. Set the currency on the form to Parent Currency.
- C. Grant the data input users WRITE access to the dimension members used on the form.
- D. Select level 0 dimension members for the POV, rows, and columns.
- E. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
Answer: A,C,D
Explanation:
Explanation/Reference:
For bottom-up versions, rows and columns with level 0 members allow data entry.
Administrators have write access to all dimension members and to all forms.
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/ form_design_considerations.html
https://docs.oracle.com/cd/E57185_01/AGOHP/acc_assg.html
NEW QUESTION 25
You need to define a form that requires users to select the entity for which to view data from a list thatincludes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?
- A. columns
- B. rows
- C. the Page Axis
- D. the Point of View
Answer: D
Explanation:
Explanation
Explanation/Reference:
The point of view is displayed on the top of the form. Elements that can be changed are displayed as links in the point of view. For example, if the Entity dimension is displayed as a link, you can change the entity but not the other dimensions in the point of view.
Reference: https://docs.oracle.com/cd/E57185_01/OHFMU/form_pov.htm#OHFMU-Webdataforms472213
NEW QUESTION 26
A company wouldlike to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
- A. Add custom Movement members to the FCCS_CashFlow hierarchy.
- B. Add custom members for Additions and Disposals as dependents of
FCCS_Mvmts_CapitalExpenditures. - C. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
- D. Load detailed Fixed Asset data to Movement members.
- E. Create a Roll Forward in the account dimension.
Answer: B,C,D
NEW QUESTION 27
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled. Which statement is true?
Response:
- A. Data can be stored by intercompany partner but no eliminations will occur.
- B. The ICP dimension will be omitted.
- C. An extra custom dimension will be available.
- D. The FCCS_No Intercompany member of the ICP dimension will be used for all data.
Answer: B
NEW QUESTION 28
Which statement is true regarding shared members and valid intersection rules?
- A. Shared members are supported in valid intersection rules
- B. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
- C. Shared members are not supported in valid intersection rules
- D. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
Answer: B,C
Explanation:
Explanation
Explanation/Reference:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/ admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
NEW QUESTION 29
What is the file type/file extension of data exports from Financial Consolidation and Close?
Response:
- A. The data export format/file extension is always a DAT file.
- B. The data export format/file extension is always a CSV file.
- C. The data export format/file extension is always a XLS file.
- D. The data export format/file extension is always a ZIP file.
Answer: B
NEW QUESTION 30
Which two statements are true about Cash Flow in the Movement dimension?
- A. You can add shared members to the FCCS_CashChange hierarchy.
- B. The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow hierarcy.
- C. The FCCS_Mvmts_AccountsPayable member isunder FCCS_CashFlow_NetAssets in the FCCS_CashFlow hierarchy.
- D. When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member to the FCCS_CashFlow hierarchy.
Answer: B,D
NEW QUESTION 31
What information is included in the data extract export file delimited format?
- A. the data load cube name
- B. the domain and application name
- C. the application name
- D. the ID of the user performing the extract
Answer: D
NEW QUESTION 32
If the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?
- A. Data can be stored by intercompany partner but no eliminations will occur.
- B. The ICP dimension is omitted.
- C. The FCCS_No Intercompany member of the ICP dimension is used for all data.
- D. An extra custom dimension is available.
Answer: C
Explanation:
Explanation/Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/ admin_dimensions_intercompany_124x5ae77515.html
NEW QUESTION 33
Which three fields must be defined when registering a file-based source system in Data Management?
(Choose three.)
Response:
- A. Drill URL
- B. Source Type
- C. Name
- D. Cloud Type
- E. Description
Answer: B,C,E
NEW QUESTION 34
When defining a batch in Data Management, which statement is True?
Response:
- A. Each data load rule must specify the period or the batch will default to the POV period.
- B. A batch can load to multiple plan types.
- C. A batch replaces the need for data load rules.
- D. Batches can import from source or export to target, but not both.
- E. Batches can execute data loads for multiple locations.
Answer: E
NEW QUESTION 35
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