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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Integration and Reporting | 22% | - Data loading and integration
|
| Topic 2: Financial Close Management | 24% | - Journals and adjustments
|
| Topic 3: Application Setup and Configuration | 28% | - Application creation and configuration
|
| Topic 4: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which statement is FALSE about running consolidations?
- A. When you consolidate a parent, children with the Impacted calculation status are also consolidated.
- B. When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
- C. When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.
- D. Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
Correct Answer: B 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
- A. Selecting a shared member for a rule does not include its primary instance.
- B. If the primary instance of the member is selected for a rule, all shared members for the instances are included.
- C. If a shared member is selected for a rule, the primary instance of the member is selected as well.
- D. Selecting the primary instance of a member does not include shared members.
Correct Answer: A,B 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
Which explains why the Currency dimension does NOT display in your application?
- A. Security access to the Multi-GAAP dimension is required
- B. Entity-specific security rights were not properly granted
- C. Security has not been granted
- D. Multi-Currency option was not selected at application creation
Correct Answer: D 🗳️
When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)
- A. Account
- B. View
- C. Movement
- D. Consolidation
Correct Answer: B,D 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
- A. Intercompany Plug Accounts
- B. Elimination Consolidation Dimension member
- C. Intercompany Accounts
- D. Intercompany Partners
Correct Answer: D 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
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