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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A. Create a Groovy rule.
B. Create a Task Manager rule.
C. Create a valid intersection rule.
D. Create a Configurable Consolidation rule.

Question 2

Which statement correctly describes what happens to parent entities during consolidation?

A. The changes in the relational database are synced to the underlying Essbase cube.
B. Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities
C. Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.
D. For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Question 3

For which task categories is Audit enabled by default?

A. Journals
B. Data only
C. All task categories
D. No task categories

Question 4

To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A. Period, Year, and View
B. View
C. Period and Year
D. Period

Question 5

Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

A. Ending Rate
B. Opening Rate
C. Average Rate
D. Local Rate

Solutions: