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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Integration and Reporting | 22% | - Reporting and analysis
|
| Topic 2: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
| Topic 3: Application Setup and Configuration | 28% | - Security and user management
|
| Topic 4: Financial Close Management | 24% | - Journals and adjustments
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Financial Consolidation
and Close maintains calculation status for which four dimensions?
- A. Consolidation
- B. Entity
- C. Period
- D. Year
- E. Scenario
- F. Data Source
Correct Answer: A,B,C,E 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
- A. FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
- B. Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
- C. FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
- D. Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
Correct Answer: A,C 🗳️
Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)
- A. Name
- B. Cloud Type
- C. Description
- D. Source Type
- E. Drill URL
Correct Answer: A,C,D 🗳️
For which scenario would an On-Demand rule be an appropriate solution?
- A. To import data into a form or Smart View worksheet
- B. To allocate data to base entities prior to consolidation
- C. To perform a custom currency translation for a subset of accounts
- D. To add a column with a calculation to a report
Correct Answer: C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which two statements are true regarding the Copy Data function?
- A. When you select the Regular Data option, journals data is included.
- B. You can copy data for historical rate and amount overrides.
- C. You cannot select which Account members to copy.
- D. You can select which Consolidation dimension member to copy.
Correct Answer: A,B 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
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