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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Financial Consolidation
and Close maintains calculation status for which four dimensions?

A) Entity
B) Scenario
C) Data Source
D) Year
E) Period
F) Consolidation

2. For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?

A) Edit the numbers using a web form or Smart View after consolidating.
B) Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
C) Click Configurable Consolidation on the Consolidation Process page and create a Configurable
D) Create an on-demand rule in Calculation Manager that you run after consolidation.

3. Which two are required fields when registering a source system in Data Management?

A) Drill Through URL
B) Source System Type
C) Cloud Type
D) Name

4. Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?

A) P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
B) P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C) P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D) P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.

5. Which two prebuilt calculations run on the Movement dimension to determine CTA by account?

A) Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
B) FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
C) FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
D) Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal

Solutions: