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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

Question 1

Which statement is FALSE about running consolidations?

A. When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
B. Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
C. When you consolidate a parent, children with the Impacted calculation status are also consolidated.
D. When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

Question 2

When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

A. Intercompany Account
B. Plug Account
C. Intercompany Entity
D. Is Plug Account

Question 3

In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?

A. The account is FCCS_Net Income
B. Movement of FX impact for historical rate accounts to the FCCS_CTA account
C. The current FCCS_CTA account balance does not change from the prior period
D. A variance in the Average rate and the Ending rate

Question 4

Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

A. Description
B. Source Type
C. Cloud Type
D. Name
E. Drill URL

Question 5

Where do you set the Intercompany Entities Aggregation option?

A. In the member properties of the Intercompany Top member
B. In the Setup Wizard during business process creation
C. In the member properties of the Intercompany Entities member
D. On the Properties page of the Intercompany dimension

Solutions: