Oracle 1Z0-1081-24 Online Practice Questions and Exam Preparation

Oracle 1Z0-1081-24 Online Questions & Answers

• Question 101:

  Which three scenarios result in foreign currency translation during the default consolidation process?

  A. A parent entity has a different default currency than its parent.
  B. A parent entity has the same default currency as its parent.
  C. A base entity has a different default currency than its parent.
  D. A base entity has the same default currency as its parent.
  E. A shared entity has a different default currency than its parent
  A. A parent entity has a different default currency than its parent.
  C. A base entity has a different default currency than its parent.
  E. A shared entity has a different default currency than its parent

• Question 102:

  Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

  A. FCCS_Amount_Override
  B. FCCS_Rate Override
  C. FCCS_Contribution
  D. FCCS_Proportion
  E. FCCS_Elimination
  F. FCCS_Translation
  B. FCCS_Rate Override
  E. FCCS_Elimination

• Question 103:

  A company would like to capture Fixed Asset additions and disposals within the Movement dimension. Which three tasks are necessary to achieve this goal?

  A. Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
  B. Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
  C. Load detailed Fixed Asset data to Movement members.
  D. Add custom Movement members to the FCCS_CashFlow hierarchy.
  E. Create a Roll Forward in the account dimension.
  C. Load detailed Fixed Asset data to Movement members.
  D. Add custom Movement members to the FCCS_CashFlow hierarchy.
  E. Create a Roll Forward in the account dimension.

• Question 104:

  When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:

  WHEN UD5 LIKE `CAR_%' THEN `AUTO_SALES'

  ELSE `SALES'

  Which statement is True?

  A. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
  B. The script will work if the script is referenced in the In mapping type with #SQL as the target.
  C. The script will not work since Data Management does not support scripting.
  D. The script will not work since the UD5 member referenced does not start with FCCS_
  E. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
  B. The script will work if the script is referenced in the In mapping type with #SQL as the target.

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  Explanation/Reference:

• Question 105:

  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 106:

  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 107:

  You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

  A. The new task will run outside of the schedule end date.
  B. An error, you can't add a new task past the due date.
  C. The schedule end date changes to match the end date of the task.
  D. The task will not run.
  C. The schedule end date changes to match the end date of the task.

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  Explanation/Reference:

  When you add a new task to a schedule, it automatically is scheduled to start on the project's start date. As tasks are added to the schedule and connected to other tasks, the start times of tasks will change, and the last task to finish determines the project's finish date. Reference: https://support.microsoft.com/en-us/office/how-project-schedules-tasks-behind-the- scenesdf3431ab-8d8a-4047-afc6-a87b547dbac0

• Question 108:

  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 109:

  When enabling Multi-GAAP during application creation, which additional option is available?

  A. Automatically calculate adjustment
  B. Allow adjustments for IFRS
  C. Track Multi-Source Data Input
  D. Include Supplemental Data
  A. Automatically calculate adjustment

• Question 110:

  On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

  A. the third Friday of each month to apply to both TEST and PROD simultaneously
  B. the first and third Monday of each month; first Monday for TEST and third Monday for PROD
  C. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
  D. the first and third Friday of each month; first Friday for TEST and third Friday for PROD
  D. the first and third Friday of each month; first Friday for TEST and third Friday for PROD