21 Jun, 2022 By admin
Ultimate Guide to Prepare 1Z0-1081-21 Certification Exam for Oracle Cloud in 2022 [Q34-Q56]

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Use Real 1Z0-1081-21 Dumps – Oracle Correct Answers updated on 2022

NO.34

PQR Company has theownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1’s receivable occurs as data from Hickory consolidates into PQR. What is this principle called?

 
 
 
 

NO.35 You have added a new task to a close schedule with a task due date past the defined end date of the schedule.
What isthe result of the change?

 
 
 
 

NO.36 Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different than the data in the FCCS_Proportion member?

 
 
 
 

NO.37 Which statement is true of the default FCCS_ members within an application?
Response:

 
 
 
 

NO.38 How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
Response:

 
 
 
 

NO.39 Which three are seeded data forms created during business process creation?

 
 
 
 
 

NO.40 Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

 
 
 
 

NO.41 Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

 
 
 
 
 
 

NO.42

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?

 
 
 
 

NO.43 Which financial close related component isNOT a part of the Financial Consolidation and Close Cloud integrated product suite?

 
 
 
 
 

NO.44 How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?

 
 
 
 

NO.45 Which statement is FALSE when enabling a Multi-GAAP application?

 
 
 
 

NO.46 Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

 
 
 
 

NO.47 How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
Response:

 
 
 
 

NO.48 When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected?
(Choose two)
Response:

 
 
 
 

NO.49 A company wouldlike to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

 
 
 
 
 

NO.50 The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?
Response:

 
 
 
 

NO.51 What can the Intercompany Dimension be enabled and made visible within your application?
Response:

 
 
 
 

NO.52 Which statement correctly describes what happens to parent entitiesduring consolidation?

 
 
 
 

NO.53 Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
Response:

 
 
 
 

NO.54 Which four items are included in the Currency dimension?
Response:

 
 
 
 
 
 

NO.55 You are required to create a form that allows users to input dat
a. Which three actions are consistent with this?
Response:

 
 
 
 
 

NO.56 What is the correct Currency dimension member to select when running an Intercompany Matching Report?
Response:

 
 
 
 

Oracle 1Z0-1081-21 Exam Syllabus Topics:

Topic Details
Topic 1
  • Create custom consolidation calculations with Configurable Calculations and On Demand Rules
  • Create member mappings and define data load rules
Topic 2
  • Add and edit members using the Simplified Dimension Editor
  • Add users and assign security roles
Topic 3
  • Create journal, intercompany, and consolidation reports
  • Set Up the Financial Consolidation and Close Business Process
Topic 4
  • Build Out Your Financial Consolidation and Close Solution
  • Explain the consolidation process (translate, eliminate, consolidate) and closing balance calculation
Topic 5
  • Customize the translation process using translation rules and custom rate accounts
  • Configure the default translation method and default rate accounts

 

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6 Jun, 2022 By admin
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  • Configure Replication Topology
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9 May, 2022 By admin
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9 May, 2022 By admin
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Topic Details
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18 Apr, 2022 By admin
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