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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement is true regarding Data Management categories?

A) Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
B) Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
C) Application mapping is not required if the global mapping target category is exactly correct.
D) The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.

2. How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?

A) Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
B) During application creation, select the Multicurrency option of "Yes".
C) During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.
D) Enable a dimension for Currency after application creation via a Metadata load.

3. You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

A) The schedule end date changes to match the end date of the task.
B) An error, you can't add a new task past the due date.
C) The new task will run outside of the schedule end date.
D) The task will not run.

4. A company
would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?

A) Add custom Movement members to the FCCS_CashFlow hierarchy.
B) Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
C) Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
D) Load detailed Fixed Asset data to Movement members.
E) Create a Roll Forward in the account dimension.

5. Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

A) Siblings can be added to the FCCS_CashFlow_Investing member.
B) All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
C) Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
D) The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
E) Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
F) The Cash Change hierarchy cannot be modified.

Solutions: