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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Integration and Reporting | 22% | - Reporting and analysis
|
| Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
| Application Setup and Configuration | 28% | - Security and user management
|
| Financial Close Management | 24% | - Close process setup
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
- A. Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
- B. Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
- C. FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
- D. FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
Correct Answer: C,D 🗳️
Which three dimensions can be included in an approval group? (Choose three.)
- A. Entity
- B. Scenario
- C. Movement
- D. Account
- E. Multi-GAAP
Correct Answer: A,B,D 🗳️
Explanation: Only visible for DumpExam members. You can sign-up / login (it's free).
Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?
- A. An extra custom dimension is available.
- B. The ICP dimension is omitted.
- C. Data can be stored by the intercompany partner but no eliminations occur.
- D. The FCCS No Intercompany member of the ICP dimension is used for all data.
Correct Answer: B 🗳️
Explanation: Only visible for DumpExam members. You can sign-up / login (it's free).
When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
- A. The script will not work since the UD5 member referenced does not start with FCCS_
- B. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
- C. The script will not work since Data Management does not support scripting.
- D. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
- E. The script will work if the script is referenced in the In mapping type with #SQL as the target.
Correct Answer: E 🗳️
When can the Intercompany Dimension be enabled and n=made visible within your application?
- A. during application creation and selecting the Intercompany Data feature option
- B. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute
- C. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
- D. during application creation and selecting Multi-source Data Input of Other Data
Correct Answer: A 🗳️
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