Oracle 1Z0-1081-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1081-20 Online Questions & Answers

• Question 91:

  What information is included in the data extract export file delimited format?

  A. the ID of the user performing the extract
  B. the domain and application name
  C. the data load cube name
  D. the application name
  A. the ID of the user performing the extract

• Question 92:

  When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

  A. Plug Account
  B. Intercompany Account
  C. Is Plug Account
  D. Intercompany Entity
  C. Is Plug Account

• Question 93:

  Which is true behavior of default FCCS_ members within an application?

  A. You can change the default FCCS_ member prefix at application creation.
  B. You can change the Alias of these default FCCS_ members at any time.
  C. You can change the Name of these default FCCS_ members at any time.
  D. You cannot change the Alias of these default FCCS_ members.
  C. You can change the Name of these default FCCS_ members at any time.

• Question 94:

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

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

• Question 95:

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

  ---

  Enable a dimension for Currency after application creation via a Metadata load.

  Reference: https://alexandertechniqueworkshops.com/5dmqxf1u/55aba3-fccs-currency-dimension

• Question 96:

  Which statement correctly describes the Consolidation dimension?

  A. The dimension allows users to see input versus journal adjustment data.
  B. The dimension contains members to store non-controlling interest and joint venture data.
  C. The dimension uses a separate member for data from an entity's level zero descendants.
  D. The dimension allows users to view data in the parent currency.
  D. The dimension allows users to view data in the parent currency.

  ---

  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation- cloud/agfcc/consol_dim.html

• Question 97:

  Which item describes the use for the Currency dimension property Triangulation Currency?

  A. The ability to force translations
  B. The ability to report in multiple currencies
  C. The ability to calculate foreign exchange rates
  D. The ability to calculate CTA (Cumulative Translation Adjustment)
  E. The ability to input foreign exchange rates
  C. The ability to calculate foreign exchange rates

• Question 98:

  Which statement is FALSE when Intercompany Data is enabled?

  A. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.
  B. Tracking intercompany eliminations is optional.
  C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
  D. Intercompany accounts are assigned plug accounts.
  C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

  ---

  Elimination data applies to all children, including children with a different Domicile than the Parent, a blended rate is entered at the Parent Entity's domicile. If you want to disable the elimination global rules, do not enter rates at the Parent entity. Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/ admin_tax_automation_intercompany_eliminations_100x084ae29f.html

• Question 99:

  What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?

  A. FCCS_Entity Total
  B. FCCS_Parent Currency
  C. FCCS_Contribution
  D. FCCS_Entity Consolidation
  C. FCCS_Contribution

• Question 100:

  Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

  A. Source Type
  B. Drill URL
  C. Cloud Type
  D. Description
  E. Name
  A. Source Type
  D. Description
  E. Name