Oracle 1Z0-983 Online Practice Questions and Exam Preparation

Oracle 1Z0-983 Online Questions & Answers

• Question 1:

  Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

  A. FCCS_No Data Source
  B. FCCS_Data Input
  C. FCCS_SystemTypes
  D. FCCS_Proportion
  D. FCCS_Proportion

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  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf (127)

• Question 2:

  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 3:

  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.
  A. The new task will run outside of the schedule end date.

• Question 4:

  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 5:

  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.

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  Reference: https://books.google.com/books?id=J5YkDwAAQBAJandpg=PA182andlpg=PA182anddq=Oracle+Categories+are+defined+on+the+Global+Mapping+tab+and+then+the+frequency+is+specified+on+the+Application+Mapping +tabandsource=blandots=c7jLJPgKxhandsig=5djQyodmEV3iV9euirpr8a1YEUsandhl=enandsa=Xandved=2ahUKEwi2yam0st7dAhUOyIUKHRihCHMQ6AEwA3oECAYQAQ#v=onepageandq=Oracle%20Categories%20are%20defined%20on%20the% 20Global%20Mapping%20tab%20and%20then%20the%20frequency%20is%20specified%20on%20the%20Application%20Mapping%20tabandf=false

• Question 6:

  Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?

  A. Period, Year, Entity
  B. From Currency, Movement, Scenario
  C. Multi-GAAP, Data Type, Intra-company
  D. Value, Entity, Account
  E. Data source, Consolidation, View
  A. Period, Year, Entity

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  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/consolidation_configurable_rules.html

• Question 7:

  If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?

  A. The alias of the associated Intercompany member is automatically updated.
  B. The associated Intercompany member must be manually removed.
  C. The associated Intercompany member is automatically removed.
  D. The alias of the associated Intercompany member must be manually changed.
  A. The alias of the associated Intercompany member is automatically updated.

• Question 8:

  Which statement accurately describes alternate hierarchies?

  A. Single entities having multiple parents
  B. Parent members having the same currency
  C. Contribution to parent members are similar
  D. Data must be entered multiple times for shared members
  A. Single entities having multiple parents

• Question 9:

  When defining a batch in Data Management, which statement is True?

  A. Each data load rule must specify the period or the batch will default to the POV period.
  B. Batches can import from source or export to target, but not both.
  C. Batches can execute data loads for multiple locations.
  D. A batch replaces the need for data load rules.
  E. A batch can load to multiple plan types.
  D. A batch replaces the need for data load rules.

• Question 10:

  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