This page was exported from Best Free Exam Guide [ http://free.exams4sures.com ] Export date:Sat Mar 15 9:00:19 2025 / +0000 GMT ___________________________________________________ Title: 1z0-1081-22 PDF Dumps Real 2022 Recently Updated Questions [Q32-Q54] --------------------------------------------------- 1z0-1081-22 PDF Dumps Real 2022 Recently Updated Questions Released Oracle 1z0-1081-22 Updated Questions PDF NEW QUESTION 32Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?  pre-built integrations to combine narrative and data to produce both internal and external reporting packages  calculations, dashboards and reports to provide analysis for cash flow modeling  calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow  calculations, dashboards and reports built on planning frameworks to provide cash flow planning NEW QUESTION 33When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?  Designing dynamic reports  Expanded vs. single data segments  Report performance  Suppress missing blocks NEW QUESTION 34What can the Intercompany Dimension be enabled and made visible within your application?  after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute  during application creation and selecting the Intercompany Data feature option  after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute  during application creation and selecting the Multi-source Data Input of Other Data NEW QUESTION 35Which three scenarios result in foreign currency translation during the default consolidation process? (Choose three.)  A base entity currency has a parent entity with a matching default currency.  A base entity currency has a parent entity with a different default currency.  A parent entity has the same default currency as its parent.  A parent entity has a different currency from its parent.  A shared entity has a parent with a different currency. NEW QUESTION 36Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?  Period, Year, Entity  From Currency, Movement, Scenario  Multi-GAAP, Data Type, Intra-company  Value, Entity, Account  Data source, Consolidation, View NEW QUESTION 37Which statement is true regarding shared members and valid intersection rules?  Shared members are supported in valid intersection rules  If a shared member is selected for a valid intersection rule, then the base member is not included in the rule  If a base member is included in a valid intersection rule, then any shared member is not included in the rule  Shared members are not supported in valid intersection rules Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.Reference:admin_valid_intersections_shared_members_and_rules_102x58c8d618.htmlNEW QUESTION 38Which statement is FALSE when enabling a Multi-GAAP application?  Two custom dimensions are available after enabling Multi-GAAP.  The Multi-GAAP dimension is optional.  The system automatically creates an FCCS_IFRS member.  Additional GAAP adjustment can be created. NEW QUESTION 39Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)  DAT file type  Excel XLS file type  Comma delimited  Tab delimited NEW QUESTION 40Which statement correctly describes when a consolidation can occur within a given year/scenario?  An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.  The current period consolidation status is Impacted and the remaining periods are OK.  A user has a power user access but only write access to the entity.  A user with power user access first locks the entity so that other users cannot consolidate the same entity.  The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year. NEW QUESTION 41What willFinancial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?  This setting does not affect aggregation to the parent.  You cannot load data to this account.  Add amounts aggregated to the parent.  Subtract amounts aggregated to the parent. Reference:aggregation_consolidation_operator.htmlNEW QUESTION 42PQR 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?  Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany  Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No IntercompanyC. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1  Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1  Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1 NEW QUESTION 43What is the primary function of enabling the Track Intercompany Elimination option during the application creation?  enables the Elimination member in the Consolidation dimension  process will separate total elimination values by Data Source.  enables the application to include Intercompany data.  enables the application to perform Intercompany eliminations NEW QUESTION 44Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?  FCCS_No Data Source  FCCS_Data Input  FCCS_SystemTypes  FCCS_Proportion NEW QUESTION 45Which twostatements are true about Cash Flow in the Movement dimension?  When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member to the FCCS_CashFlow hierarchy.  The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow hierarcy.  You can add shared members to the FCCS_CashChange hierarchy.  The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the FCCS_CashFlow hierarchy. NEW QUESTION 46If the Alias of an Entity that marked as “Is Intercompany” and is later changed, what happens to the corresponding Intercompany member Alias?  The Intercompany Alias is set to the Entity Name.  The Intercompany Alias is automatically changed to the new Entity Alias.  The Intercompany Alias is not automatically changed to the new Entity Alias.  The Intercompany Alias is automatically set to the Intercompany Name. NEW QUESTION 47For yourbusiness process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?  Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in Calculation Manager.  Click Configurable Consolidation on the Consolidation Process page and create a Configurable Consolidation rule-set.  Edit the numbers using a web form or Smart View after consolidating.  Create an on-demand rule in Calculation Manager that you run after consolidation. From the Consolidation Process page, select the Consolidated tab, and then selectConfigurable Consolidation.Click the Create Rule Set.Reference:consolidation_creating_rule_sets.htmlNEW QUESTION 48Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?  Scenario, Account, Base Entity and Parent Entity  Year, Scenario, Base Entity and Account  Scenario, View, Parent Entity and Account  Period, Scenario, Base Entity and Parent Entity NEW QUESTION 49For yourbusiness process, owners of approval units should be able to lock and unlock data without going.through an approval process.Which action should you perform?  Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.  Select the Consolidation template when setting up the Approval Unit hierarchy.  Delete the default Approval Unit hierarchy.  Select as owners only users with the Service Administrator or Power User security role. 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.htmlNEW QUESTION 50Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?  Process Management  Account Reconciliation Management  Data Management  Supplemental Data Management  Financial Close Management NEW QUESTION 51Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?  Select Application, then Overview, then Data, and then Export  Select Application, then Overview, then Actions, and then Import Data  Select Dimensions, then Actions, and then Import Data  Select Import, then Actions, and then Data NEW QUESTION 52Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)  Ensure security of sensitive data.  Integrate with source systems.  Provide predictive analysis and modeling.  Provide a strong compliance framework that includes auditing and segregation of duties. NEW QUESTION 53When setting an account property to a data storage type of “Dynamic Calc” which two are allowed?  Member Formulas cannot be created  load data to this account and make member formulas  load data to this account  create Member Formulas NEW QUESTION 54P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.Which statement regarding consolidation is correct?  There is no way to do a prior period entry like this.  January and February should be consolidated.  February should be consolidated, after which the cash at AceCo is now 65.  January should be consolidated for the change and nothing needs to happen for February.  Loading … 1z0-1081-22 Dumps and Practice Test (116 Exam Questions): https://www.exams4sures.com/Oracle/1z0-1081-22-practice-exam-dumps.html --------------------------------------------------- Images: https://free.exams4sures.com/wp-content/plugins/watu/loading.gif https://free.exams4sures.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-09-19 16:36:24 Post date GMT: 2022-09-19 16:36:24 Post modified date: 2022-09-19 16:36:24 Post modified date GMT: 2022-09-19 16:36:24