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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. For which
three dimensions is security enabled by default?

A) Account
B) Scenario
C) Consolidation
D) Entity
E) Data Source

2. Which statement
is false regarding establishing security for Financial Consolidation and Close?

A) Security can be assigned at a prevent level.
B) All members are accessible for dimensions with no security applied.
C) Security is mandatory for one dimension.
D) The Identity Domain Administrator inherits full access privileges.
E) Security can be disabled for any dimension.

3. In the
Movement dimension, for which two can you modify the default translation calculation?

A) Opening Balance
B) Opening Balance Input
C) Base-level members under FCCS_Mvmts Subtotal
D) Closing Balance

4. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A) Load a data file
B) Run a business rule
C) Import journals
D) Export metadata

5. Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?

A) P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
B) P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C) P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
D) P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.

Solutions: