Oracle Financial Consolidation and Close 2024 Implementation Professional : 1Z0-1081-24 Exam Questions

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which three
are seeded data forms created during business process creation?

A) Data Status
B) Shares Outstanding
C) Override Rates
D) Exchange Rate Multi-period
E) Headcount

2. When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

A) load data to this account and make member formulas
B) Member Formulas cannot be created
C) create Member Formulas
D) load data to this account

3. When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?

A) Any number of months can be selected
B) 12-month, 13-month and a 14-month
C) 12-month only
D) 12-month and 13-month

4. When defining a batch in Data Management, which statement is True?

A) A batch can load to multiple plan types.
B) A batch replaces the need for data load rules.
C) Batches can import from source or export to target, but not both.
D) Batches can execute data loads for multiple locations.
E) Each data load rule must specify the period or the batch will default to the POV period.

5. Which three scenarios result in foreign currency translation during the default consolidation process?

A) A parent entity has the same default currency as its parent.
B) A base entity has the same default currency as its parent.
C) A parent entity has a different default currency than its parent.
D) A shared entity has a different default currency than its parent
E) A base entity has a different default currency than its parent.

Solutions: