Get Instant Access of 100% REAL 1z0-1081-22 DUMP Pass Your Exam Easily
1z0-1081-22 Free Exam Questions with Quality Guaranteed
Oracle 1z0-1081-22 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
| Topic 9 |
|
NEW QUESTION 57
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
- A. The subsidiary must have a parent entity with a GBP currency.
- B. USD must be created as a reporting currency.
- C. Common Stock must have a Data Storage property set to Never Share.
- D. The subsidiary must have a balance not equal to zero in Common Stock.
- E. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
Answer: A,D
NEW QUESTION 58
An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)
- A. Data entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Managed Data.
- B. A journal entry to reverse the adjusted Common Stock balance with the Data Source member FCCS_Journal Input.
- C. Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and the Data Source member FCCS_Data Input.
- D. A journal entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Journal Input.
Answer: B,C
NEW QUESTION 59
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)
- A. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
- B. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
- C. The Cash Change hierarchy cannot be modified.
- D. Siblings can be added to the FCCS_CashFlow_Investing member.
- E. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
- F. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
Answer: A,D,E,F
NEW QUESTION 60
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. System Administrator
- B. Metadata Supervisor
- C. Power User
- D. Metadata Administrator
Answer: D
Explanation:
Service Administrators have Write access to all dimension members and to all forms.
NEW QUESTION 61
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
- A. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
- B. Load detailed Fixed Asset data to Movement members.
- C. Create a Roll Forward in the account dimension.
- D. Add custom Movement members to the FCCS_CashFlow hierarchy.
- E. Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
Answer: A,B,E
NEW QUESTION 62
Which two statements are true regarding the Copy Data function?
- A. When you select the Regular Data option, journals data is included.
- B. You can copy data for historical rate and amount overrides.
- C. You can select which Consolidation dimension member to copy.
- D. You cannot select which Account members to copy.
Answer: A,B
Explanation:
You can copy these types of data:
Regular Data (including journals)
Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts
NEW QUESTION 63
Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?
- A. Value, Entity, Account
- B. Multi-GAAP, Data Type, Intra-company
- C. Period, Year, Entity
- D. From Currency, Movement, Scenario
- E. Data source, Consolidation, View
Answer: C
NEW QUESTION 64
Once metadata
is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?
- A. System Changed (SC)
- B. Impacted
- C. OK
- D. Need Translate
Answer: A
Explanation:
The entity's calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.
Reference:
locking_and_unlocking_entities.html
NEW QUESTION 65
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?
- A. Currency, Account, Movement
- B. Entity, Currency, Account
- C. Entity, Consolidation, Currency
- D. Consolidation, Currency, Account
Answer: A
NEW QUESTION 66
Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?
- A. Scenario, Account, Base Entity and Parent Entity
- B. Year, Scenario, Base Entity and Account
- C. Period, Scenario, Base Entity and Parent Entity
- D. Scenario, View, Parent Entity and Account
Answer: C
NEW QUESTION 67
Which statement accurately describes alternate hierarchies?
- A. Data must be entered multiple times for shared members
- B. Single entities having multiple parents
- C. Parent members having the same currency
- D. Contribution to parent members are similar
Answer: B
NEW QUESTION 68
For your
business process, owners of approval units should be able to lock and unlock data without going.
through an approval process.
Which action should you perform?
- A. Delete the default Approval Unit hierarchy.
- B. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
- C. Select the Consolidation template when setting up the Approval Unit hierarchy.
- D. Select as owners only users with the Service Administrator or Power User security role.
Answer: C
Explanation:
To lock or unlock an entity, you must create an approval unit hierarchy containing the entities you want to lock.
By default, Financial Consolidation and Close provides an approval unit named "Total Geography".
Reference:
locking_and_unlocking_entities.html
NEW QUESTION 69
What information is included in the data extract export file delimited format?
- A. the data load cube name
- B. the domain and application name
- C. the application name
- D. the ID of the user performing the extract
Answer: D
NEW QUESTION 70
Which explains why the Currency dimension does NOT display in your application?
- A. Security has not been granted
- B. Multi-Currency option was not selected at application creation
- C. Entity-specific security rights were not properly granted
- D. Security access to the Multi-GAAP dimension is required
Answer: B
NEW QUESTION 71
Which four
sample ratios can be selected during business process creation?
- A. Days Sales in Receivables
- B. Inventory Ratios
- C. Gross Margin
- D. Earnings per Share
- E. Contribution Margin
- F. Debt Ratio
Answer: A,C,D,E
NEW QUESTION 72
For data load rules in Data Management, which two statements are FALSE?
- A. End users can upload a file when running a data load rule.
- B. If specified, the import format will be used; if not, then the location's format will be used.
- C. Valid load types are Merge and Replace.
- D. Data load rules cannot be shared across locations.
- E. A job must first run to import the data file before the user can run the data load rule.
Answer: C,E
NEW QUESTION 73
What are
two important first steps in initially setting up Task Manager?
- A. Assign tasks to users.
- B. Create a schedule and set it to Open status.
- C. Define system settings such as Organization units, Holiday rules and Task attachment size.
- D. Set up Users.
Answer: C,D
Explanation:
Reference:
cm_close_process_overview.html
NEW QUESTION 74
Which two
are required fields when registering a source system in Data Management?
- A. Drill Through URL
- B. Source System Type
- C. Cloud Type
- D. Name
Answer: A,D
Explanation:
Reference:
registering_file-based_source_systems.html
NEW QUESTION 75
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.
Which statement is true?
- A. Data can be stored by intercompany partner but no eliminations will occur.
- B. The ICP dimension will be omitted.
- C. The FCCS_No Intercompany member of the ICP dimension will be used for all data.
- D. An extra custom dimension will be available.
Answer: B
NEW QUESTION 76
Which of the following is allowed for accounts with the data storage type of "Dynamic Calc"?
- A. Create member formulas.
- B. Load data to this account.
- C. Enter data through a data form
- D. Load data to this account and create member formulas.
Answer: D
NEW QUESTION 77
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2's debit balance?
- A. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany
- B. Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1
- C. Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1
- D. Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No IntercompanyC. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1
Answer: B
NEW QUESTION 78
What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?
- A. Dynamic
- B. Store
- C. Dynamic Calc and Store
- D. Never Share
- E. No Rate
Answer: B
NEW QUESTION 79
......
1z0-1081-22 Free Exam Files Downloaded Instantly: https://www.prep4sureexam.com/1z0-1081-22-dumps-torrent.html
Practice Exams and Training Solutions for Certifications: https://drive.google.com/open?id=1tb4q1cRq7MaiBmFd1VUTNmyHoBZS3VfX