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Oracle Test 1Z0-1081-24 Dates: Oracle Financial Consolidation and Close 2024 Implementation Professional & Leader in Qualification Exams
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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q52-Q57):
NEW QUESTION # 52
Financial Consolidation
and Close maintains calculation status for which four dimensions?
- A. Data Source
- B. Scenario
- C. Period
- D. Year
- E. Entity
- F. Consolidation
Answer: B,C,E,F
Explanation:
Oracle Financial Consolidation Close Cloud maintains the calculation status for each Scenario, Period, Entity and Parent entity combination. The calculation status indicates whether data needs to be translated or consolidated.
NEW QUESTION # 53
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. Intercompany
- B. Financial
- C. Consolidation
- D. Journal
Answer: C
Explanation:
The type of report that you can run to display all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules, is a Consolidation report. This report shows the details of how consolidated data is calculated for each account in each entity. You can view the source data, adjustments, eliminations, ownership percentage, currency translation, rounding differences, and consolidated data for each account. The other types of reports do not show all adjustments. A Journal report shows only journal adjustments, a Financial report shows only consolidated data without details, and an Intercompany report shows only intercompany eliminations.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 35; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 7-8.
NEW QUESTION # 54
What information is included in the data extract export file delimited format?
- A. the ID of the user performing the extract
- B. the data load cube name
- C. the application name
- D. the domain and application name
Answer: A
NEW QUESTION # 55
Which statement is true regarding shared members and valid intersection rules?
- A. Shared members are not supported in valid intersection rules
- B. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
- C. Shared members are supported in valid intersection rules
- D. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
Answer: A,D
Explanation:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
NEW QUESTION # 56
In the
Movement dimension, for which two can you modify the default translation calculation?
- A. Base-level members under FCCS_Mvmts Subtotal
- B. Opening Balance Input
- C. Closing Balance
- D. Opening Balance
Answer: A,D
Explanation:
http://www.allreadable.com/3128VWfe
NEW QUESTION # 57
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