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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Dashboards | - Create dashboards and data forms - Design reports using Financial Reporting Studio |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
| Setup and Configuration | - Security configuration and user roles - Application setup and business process configuration |
| Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
| Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
In the approval process, which four dimensions constitute an approval unit? (Choose four.)
- A. Year
- B. Scenario
- C. Account
- D. Period
- E. Data Source (Entity)
Correct Answer: A,B,D,E 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
Which of the following is allowed for accounts with the data storage type of Dynamic Calc?
- A. Load data to this account.
- B. Create member formulas.
- C. Enter data through a data form.
- D. Load data to this account and create member formulas.
Correct Answer: B 🗳️
Which three dimensions can be included in an approval group? (Choose three.)
- A. Scenario
- B. Account
- C. Entity
- D. Multi-GAAP
- E. Movement
Correct Answer: A,B,C 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?
- A. You can include Data Management artifacts in the clone.
- B. The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
- C. You can include the inbox and outbox contents in the clone.
- D. You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
- A. Financial
- B. Journal
- C. Consolidation
- D. Intercompany
Correct Answer: C 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
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