Oracle 1z0-1081-23 Exam : Oracle Financial Consolidation and Close 2023 Implementation Professional

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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Data Source (Entity)
B) Year
C) Account
D) Scenario
E) Period

2. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?

A) Read
B) None
C) Write
D) Comment

3. What action requires refreshing the database?

A) You change the ownership percentage for an entity.
B) You deploy a new Configurable Calculation rule in Calculation Manager.
C) You edit the Consolidation Operator for a member in the Account dimension.
D) You edit the alias for a member in the Entity dimension.

4. Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?

A) An intercompany elimination was performed.
B) An ownership percentage for the entity other than 100 was entered.
C) The parent entity has a different currency than the child.
D) A rate was entered into the FCCS Rate Override account.

5. Which statement is true of journals created from Recurring templates?

A) Journals for recurring templates are created automatically when you open a period for journals.
B) The line items in journals created from Recurring templates are read only.
C) The initial status of journals created from Recurring templates is Approved.
D) The initial status of journals created from Recurring templates is Posted.

Solutions: