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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) Grant the data input users Write access to the dimension members used on the form.
B) Set the currency on the form to Parent Currency.
C) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
D) Set the consolidation member on the form to FCCS Entity Input.
E) Select level 0 dimension members for POV\ rows, and columns. www*'

2. In Data Integration, for what purpose do you use Workbench?

A) To edit the data load file format
B) To define dimension mapping
C) To review mapping of source to target members
D) To configure data load options

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

A) Seeded rule sets are provided for Equity Pickup.
B) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
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.

4. Which two statements are true about the Multi-GAAP feature? (Choose two.)

A) When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.
B) Select this option if you need to report your financial statements only in IFRS.
C) Enabling Multi-GAAP reduces the number of custom dimensions you can have.
D) You must specify a prefix for entities that use the alternate gap standard.

5. Which two are members in the Consolidation dimension? (Choose two.)

A) FCCS Entity Input
B) FCCS Total input And Adjusted
C) FCCS Proportion
D) FCCS Data Input

Solutions: