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

Oracle 1Z0-1081-20 Online Questions & Answers

• Question 51:

  Which two statements are true regarding the Copy Data function?

  A. You can copy data for historical rate and amount overrides.
  B. You cannot select which Account members to copy.
  C. You can select which Consolidation dimension member to copy.
  D. When you select the Regular Data option, journals data is included.
  A. You can copy data for historical rate and amount overrides.
  D. When you select the Regular Data option, journals data is included.

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  You can copy these types of data:

  Regular Data (including journals)

  Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts

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

• Question 52:

  What is the function of Source Mapping in Data Management?

  A. Map local dimension members to the application dimension members.
  B. Manage source periods in relation to global periods.
  C. Defined the input currency for each data source supplying data to the application.
  D. Define the close calendar periods.
  C. Defined the input currency for each data source supplying data to the application.

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  Data Management supports the ability to load data that is of a currency different from the default currency of the selected location. This option enables you to specify the location in the input line that specifies the currency for the related amount field. Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management- common/erpia/GUIDF8001C5A-A922-43C7-A0C6-4025F1EB7BDF.pdf

• Question 53:

  If the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?

  A. The FCCS_No Intercompany member of the ICP dimension is used for all data.
  B. The ICP dimension is omitted.
  C. An extra custom dimension is available.
  D. Data can be stored by intercompany partner but no eliminations will occur.
  A. The FCCS_No Intercompany member of the ICP dimension is used for all data.

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  Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/ admin_dimensions_intercompany_124x5ae77515.html

• Question 54:

  Which statement correctly describes when a consolidation can occur within a given year/scenario?

  A. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
  B. The current period consolidation status is Impacted and the remaining periods are OK.
  C. A user has a power user access but only write access to the entity.
  D. A user with power user access first locks the entity so that other users cannot consolidate the same entity.
  E. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
  B. The current period consolidation status is Impacted and the remaining periods are OK.

• Question 55:

  Which four sample ratios can be selected during business process creation?

  A. Inventory Ratios
  B. Gross Margin
  C. Contribution Margin
  D. Earnings per Share
  E. Debt Ratio
  F. Days Sales in Receivables
  B. Gross Margin
  C. Contribution Margin
  D. Earnings per Share
  F. Days Sales in Receivables

• Question 56:

  Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

  A. FCCS_No Data Source
  B. FCCS_Data Input
  C. FCCS_SystemTypes
  D. FCCS_Proportion
  D. FCCS_Proportion

• Question 57:

  How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?

  A. Drill-back to SDM is not an available feature.
  B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
  C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
  D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
  B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.

• Question 58:

  In the Movement dimension, for which two can you modify the default translation calculation?

  A. Base-level members under FCCS_Mvmts Subtotal
  B. Opening Balance
  C. Closing Balance
  D. Opening Balance Input
  A. Base-level members under FCCS_Mvmts Subtotal
  B. Opening Balance

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  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM- INFORMATIONDEVELOPMENT-TEAM-E93973-628A1C2A.pdf http://www.allreadable.com/3128VWfe

• Question 59:

  Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)

  A. Submit data
  B. Adjust data with Journals
  C. Retrieve data
  D. Run a rule such as Consolidate or Translate
  A. Submit data
  C. Retrieve data
  D. Run a rule such as Consolidate or Translate

• Question 60:

  To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?

  A. Metadata Administrator
  B. Metadata Supervisor
  C. System Administrator
  D. Power User
  A. Metadata Administrator

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  Service Administrators have Write access to all dimension members and to all forms.

  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM- INFORMATIONDEVELOPMENT-TEAM-E93973-628A1C2A.pdf