Oracle Oracle Certifications 1Z0-1081-24 Questions & Answers

• Question 91:

  Which four sample ratios can be created during the application creation process? (Choose four.)

  A. Inventory Ratios

  B. Contribution Margin

  C. Debt Ratio

  D. Earnings per Share

  E. Days Sales in Receivables

  F. Gross Margin

  Correct Answer: ACEF

• Question 92:

  P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash

  with a debit of 5.

  Which statement regarding consolidation is correct?

  A. There is no way to do a prior period entry like this.

  B. January and February should be consolidated.

  C. February should be consolidated, after which the cash at AceCo is now 65.

  D. January should be consolidated for the change and nothing needs to happen for February.

  Correct Answer: B

• Question 93:

  Which three scenarios result in foreign currency translation during the default consolidation process? (Choose three.)

  A. A base entity currency has a parent entity with a matching default currency.

  B. A base entity currency has a parent entity with a different default currency.

  C. A parent entity has the same default currency as its parent.

  D. A parent entity has a different currency from its parent.

  E. A shared entity has a parent with a different currency.

  Correct Answer: BDE

• Question 94:

  A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display. Which additional step is required to pull data in the new tab and change the POV?

  A. Disconnect from the Smart View connection, and relog in.

  B. Activate the Connection.

  C. Close out of Excel, and relog in to Smart View.

  D. Change one of the Row or Column dimension members and click Refresh.

  Correct Answer: D

• Question 95:

  By default, security access is set to "None" for which three dimensions? (Choose three.)

  A. Movement

  B. Data Source

  C. Account

  D. Entity

  E. Year

  Correct Answer: BCD

• Question 96:

  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

  Correct Answer: C

• Question 97:

  What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

  A. Store

  B. Never Share

  C. No Rate

  D. Dynamic Calc and Store

  E. Dynamic

  Correct Answer: A

• Question 98:

  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.

  Correct Answer: C

• Question 99:

  What can the Intercompany Dimension be enabled and made visible within your application?

  A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute

  B. during application creation and selecting the Intercompany Data feature option

  C. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute

  D. during application creation and selecting the Multi-source Data Input of Other Data

  Correct Answer: B

• Question 100:

  What member of the Currency dimension should be used during data entry for historical override amounts?

  A. Parent Currency

  B. Input Currencies

  C. Reporting Currencies

  D. Entity Currency

  Correct Answer: C