Oracle 1Z0-1081-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1081-22 Online Questions & Answers

• Question 51:

  Which statement about the Equity Pickup feature is FALSE?

  A. Seeded rule-sets are provided for Equity Pickup.
  B. Equity Pickup rules run as part of the consolidation process.
  C. Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.
  D. Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.
  B. Equity Pickup rules run as part of the consolidation process.

• Question 52:

  When can the Intercompany Dimension be enabled and n=made visible within your application?

  A. during application creation and selecting Multi-source Data Input of Other Data
  B. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute
  C. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
  D. during application creation and selecting the Intercompany Data feature option
  D. during application creation and selecting the Intercompany Data feature option

• Question 53:

  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 54:

  Which two statements are correct with regard to Data Management locations? (Choose two.)

  A. A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
  B. Location security allows users to be provisioned in Shared Services for read or modify access to each location.
  C. Locations can share dimension member mappings by specifying a location as a parent location of others.
  D. The logic account group is required in order to effect running of calculations after the data load.
  E. Locations must specify an import format, which may be used by other locations.
  F. Data load rules can be shared across locations.
  C. Locations can share dimension member mappings by specifying a location as a parent location of others.
  E. Locations must specify an import format, which may be used by other locations.

• Question 55:

  When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)

  A. ERP Cloud
  B. Supplemental Data
  C. Data Management
  D. ERP r12
  B. Supplemental Data
  C. Data Management

• Question 56:

  Which two are required fields when registering a source system in Data Management?

  A. Source System Type
  B. Cloud Type
  C. Drill Through URL
  D. Name
  C. Drill Through URL
  D. Name

• Question 57:

  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 58:

  What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?

  A. The data export format / file extension is always extracted in a XLS file format.
  B. The data export format / file extension is always extracted in a ZIP file format.
  C. The data export format / file extension is always extracted in a DAT file format.
  D. The data export format / file extension is always extracted in a CSV file format.
  D. The data export format / file extension is always extracted in a CSV file format.

• Question 59:

  Which two statements are true of the roll forward calculation in the Movement dimension?

  A. Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
  B. Translated values for Closing Balance are adjusted to the ending rate for the period.
  C. Values for Opening Balance are retrieved from the prior period Closing Balance.
  D. Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
  B. Translated values for Closing Balance are adjusted to the ending rate for the period.
  C. Values for Opening Balance are retrieved from the prior period Closing Balance.

• Question 60:

  Which statement is false regarding establishing security for Financial Consolidation and Close?

  A. Security can be assigned at a prevent level.
  B. Security is mandatory for one dimension.
  C. The Identity Domain Administrator inherits full access privileges.
  D. All members are accessible for dimensions with no security applied.
  E. Security can be disabled for any dimension.
  D. All members are accessible for dimensions with no security applied.