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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

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

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

2. You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?

A) a column
B) the Page Axis
C) Other Options section
D) the Point of View

3. When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?

A) 12-month and 13-month
B) 12-month only
C) 12-month, 13-month and a 14-month
D) Any number of months can be selected

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? (Choose three.)

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

5. Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

A) The ICP dimension is omitted.
B) The FCCS No Intercompany member of the ICP dimension is used for all data.
C) An extra custom dimension is available.
D) Data can be stored by the intercompany partner but no eliminations occur.

Solutions: