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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

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

Question 2

Which components are prebuilt into Financial Consolidation and Close 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 built on planning frameworks to provide cash flow planning
D. Calculations, dashboards, and reports to provide analysis for cash flow modeling

Question 3

Which two are members in the Consolidation dimension? (Choose two.)

A. FCCS Total input And Adjusted
B. FCCS Entity Input
C. FCCS Data Input
D. FCCS Proportion

Question 4

Which two statements are true about Enterprise Journals? (Choose two.)

A. Line items can only include entities that have been enabled for Enterprise Journals.
B. You can assign a team as preparer or reviewer.
C. You cannot deploy Enterprise Journals to a period with Pending status.
D. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.

Question 5

Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)

A. FX Rates - Opening
B. FX Rates - Historical
C. FX Rates - None
D. FX Rates - Average
E. FX Rates - Ending

Solutions: