Latest 1z0-1081-23 Study Guides 2024 - With Test Engine PDF [Q26-Q47]

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Latest 1z0-1081-23 Study Guides 2024 – With Test Engine PDF

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NEW QUESTION 26
Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.

You can include Data Management artifacts in the clone.

The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.

You can include the inbox and outbox contents in the clone.

NEW QUESTION 27
Which of the following is allowed for accounts with the data storage type of Dynamic Calc?

Load data to this account.

Enter data through a data form.

Create member formulas.

Load data to this account and create member formulas.

NEW QUESTION 28
Which statement is FALSE about running consolidations?

When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

When you consolidate a parent, children with the Impacted calculation status are also consolidated.

When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.

Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.

NEW QUESTION 29
Which statement is FALSE about when Intercompany Data is enabled?

Tracking intercompany eliminations is optional.

Intercompany accounts are assigned plug accounts.

In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.

NEW QUESTION 30
Which two are members in the Consolidation dimension? (Choose two.)

FCCS Data Input

FCCS Total input And Adjusted

FCCS Entity Input

FCCS Proportion

NEW QUESTION 31
When do you enable submission phases for your approval process?

When you start the approval process for an approval unit on the Manage Approvals page

When you set up the approval unit hierarchy

When you set the member properties for the entity

When you assign the approval unit hierarchy to a scenario, period, and year

NEW QUESTION 32
In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)

Scenario

Data tile name

Target application

Member mappings

NEW QUESTION 33
For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

Entity

Period

Data Source

Scenario

Consolidation

Year

NEW QUESTION 34
What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

FCCS Entity Total

FCCS Entity Consolidation

FCCS Totallnput And Adisuted

FCCS Contribution

NEW QUESTION 35
Which three dimensions can be included in an approval group? (Choose three.)

Multi-GAAP

Entity

Account

Movement

Scenario

NEW QUESTION 36
Which statement is FALSE regarding establishing security for Financial Consolidation and Close?

The Identity Domain Administrator inherits full access privileges.

Security is mandatory for one dimension.

Security can be assigned at a parent level.

Security can be disabled for any dimension.

All members are accessible for dimensions with no security applied.

NEW QUESTION 37
Which statement about Opening Balance Override rules is true?

They are available only if Intercompany Data with Tracking is enabled for the business process.

Opening Balance Override rules execute for the first period in the year only.

You can select which entities to include in the rule scope.

You can select which accounts to include in the rule scope.

NEW QUESTION 38
How do you navigate if you want to export a form to a Snapshot file?

From the Home page, select Tools, and then Clone Snapshot.

Open the form, select Actions, and then Export.

From the Home page, select Tools, and then Migration.

From the Navigator menu, select Forms.

NEW QUESTION 39
Which two statements are true about the Multi-GAAP feature? (Choose two.)

When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.

Select this option if you need to report your financial statements only in IFRS.

You must specify a prefix for entities that use the alternate gap standard.

Enabling Multi-GAAP reduces the number of custom dimensions you can have.

NEW QUESTION 40
Which statement is FALSE about the Equity Pickup feature?

Seeded rule sets are provided for Equity Pickup.

Equity Pickup rules run as part of the consolidation process

Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

Equity Pickup rules are run on demand from the Rules card by users with launch permission.

NEW QUESTION 41
Which statement is FALSE about Task Manager schedules?

You can still add tasks to a schedule that has been closed.

Users can still complete tasks in a schedule that has been closed.

You can re-open a schedule that has been locked.

To start all the tasks in a schedule, you must change the status from Pending to Open.

NEW QUESTION 42
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

Consolidation Percentage

Control

Ownership Percentage

Minority Interest Percentage

Consolidation Method

NEW QUESTION 43
Where do you set the Intercompany Entities Aggregation option?

In the Setup Wizard during business process creation

In the member properties of the Intercompany Entities member

In the member properties of the Intercompany Top member

On the Properties page of the Intercompany dimension

NEW QUESTION 44
For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?

Select the Consolidation template when setting up the Approval Unit hierarchy.

Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.

Select users with the Service Administrator security role.

Delete the default Approval Unit hierarchy.

NEW QUESTION 45
Where do you set the Intercompany Entities Aggregation option?

In the member properties of the Intercompany Top member

On the Properties page of the Intercompany dimension

In the Setup Wizard during business process creation

In the member properties of the Intercompany Entities member

NEW QUESTION 46
When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)

Movement

Account

Consolidation

View

NEW QUESTION 47
You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

Set the consolidation member on the form to FCCS Entity Input.

In the member selection for Entity, do not include shared entities; include only primary instances of entities.

Select level 0 dimension members for POV rows, and columns. www*’

Grant the data input users Write access to the dimension members used on the form.

Set the currency on the form to Parent Currency.

1z0-1081-23 Dumps and Exam Test Engine: https://www.trainingdump.com/Oracle/1z0-1081-23-practice-exam-dumps.html

Latest 1z0-1081-23 Study Guides 2024 – With Test Engine PDF [Q26-Q47]

Latest 1z0-1081-23 Study Guides 2024 – With Test Engine PDF [Q26-Q47]

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Latest 1z0-1081-23 Study Guides 2024 – With Test Engine PDF [Q26-Q47]

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