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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Financial Consolidation
and Close maintains calculation status for which four dimensions?

A) Consolidation
B) Entity
C) Period
D) Year
E) Scenario
F) Data Source

2. 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

3. 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

4. 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

5. 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.

Solutions: