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

Oracle 1Z0-1081-24 Online Questions & Answers

• Question 41:

  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
  C. Reporting Currencies

• Question 42:

  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 43:

  When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

  A. Designing dynamic reports
  B. Expanded vs. single data segments
  C. Report performance
  D. Suppress missing blocks
  D. Suppress missing blocks

• Question 44:

  Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)

  A. DAT file type
  B. Excel XLS file type
  C. Comma delimited
  D. Tab delimited
  C. Comma delimited
  D. Tab delimited

• Question 45:

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

• Question 46:

  Which statement is true regarding Data Management categories?

  A. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
  B. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
  C. Application mapping is not required if the global mapping target category is exactly correct.
  D. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
  B. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.

• Question 47:

  Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

  A. Scenario, Account, Base Entity and Parent Entity
  B. Year, Scenario, Base Entity and Account
  C. Scenario, View, Parent Entity and Account
  D. Period, Scenario, Base Entity and Parent Entity
  D. Period, Scenario, Base Entity and Parent Entity

• Question 48:

  What information is included in the data extract export file delimited format?

  A. the ID of the user performing the extract
  B. the domain and application name
  C. the data load cube name
  D. the application name
  A. the ID of the user performing the extract

• Question 49:

  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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  Explanation/Reference:

  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 50:

  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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  Explanation/Reference:

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