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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement correctly describes the Consolidation dimension?

A) The dimension contains members to store non-controlling interest and joint venture data.
B) The dimension uses a separate member for data from an entity's level-zero descendants.
C) The dimension allows users to view data in the parent currency.
D) The dimension allows users to see input versus journal adjustment data.

2. You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?

A) Financial
B) Journal
C) Intercompany
D) Consolidation

3. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
B) Grant the data input users Write access to the dimension members used on the form.
C) Select level 0 dimension members for POV\ rows, and columns. www*'
D) Set the currency on the form to Parent Currency.
E) Set the consolidation member on the form to FCCS Entity Input.

4. For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

A) All parent members in the Account dimension must have a Solve Order value of 58.
B) You cannot add member formulas to members of the Movement dimension.
C) Account is a Sparse dimension.
D) The View dimension stores only periodic data.

5. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Groovy rule.
B) Create a Task Manager rule.
C) Create a Configurable Consolidation rule.
D) Create a valid intersection rule.

Solutions: