Oracle 1Z0-1081-24 Exam : Oracle Financial Consolidation and Close 2024 Implementation Professional

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. 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) Impacted
B) System Changed (SC)
C) OK
D) Need Translate

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

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

3. Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?

A) A translation to the USD_Reporting currency member for Company IOU
B) A consolidation of Company 123
C) A consolidation of Company XYZ
D) A translation of Company XYZ to Parent Currency
E) A translation of Company IOU

4. When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

A) Chart
B) Grid
C) Image
D) Header

5. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
B) Seeded rule sets are provided for Equity Pickup.
C) Equity Pickup rules run as part of the consolidation process
D) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

Solutions: