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

Oracle 1Z0-1081-24 Online Questions & Answers

• Question 111:

  Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?

  A. 3-3-3-3
  B. 3-3-3-4
  C. 4-4-4-4
  D. 4-4-4-5
  B. 3-3-3-4

• Question 112:

  For which three dimensions is security enabled by default?

  A. Data Source
  B. Entity
  C. Consolidation
  D. Scenario
  E. Account
  B. Entity
  D. Scenario
  E. Account

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  Explanation/Reference:

  By default, the Account, Entity, Scenario, and Data Source dimensions. Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation- cloud/agfcc/dimension_security.html

• Question 113:

  Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?

  A. Consolidation, Currency, Account
  B. Currency, Account, Movement
  C. Entity, Consolidation, Currency
  D. Entity, Currency, Account
  B. Currency, Account, Movement

• Question 114:

  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 115:

  Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

  A. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
  B. calculations, dashboards and reports to provide analysis for cash flow modeling
  C. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
  D. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
  C. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow

• Question 116:

  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.