[Jan-2022] Download Real Oracle 1Z0-1081-20 Exam Dumps Test Engine Exam Questions
New 1Z0-1081-20 exam dumps Use Updated Oracle Exam
NEW QUESTION 38
Which three scenarios result in foreign currency translation during the default consolidation process?
- A. A shared entity has a different default currency than its parent
- B. A parent entity has a different default currency than its parent.
- C. A parent entity has the same default currency as its parent.
- D. A base entity has the same default currency as its parent.
- E. A base entity has a different default currency than its parent.
Answer: A,B,E
NEW QUESTION 39
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this?
- A. Set the currency on the form to Parent Currency.
- B. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
- C. Set the consolidation member on the form to FCCS_Entity Input.
- D. Grant the data input users WRITE access to the dimension members used on the form.
- E. Select level 0 dimension members for the POV, rows, and columns.
Answer: C,D,E
Explanation:
For bottom-up versions, rows and columns with level 0 members allow data entry.
Administrators have write access to all dimension members and to all forms.
Reference:
form_design_considerations.html
https://docs.oracle.com/cd/E57185_01/AGOHP/acc_assg.html
NEW QUESTION 40
Inwhich two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
- A. The current FCCS_CTA account balance does not change from the prior period
- B. The account is FCCS_Net Income
- C. Movement of FX impact for historical rate accounts to the FCCS_CTA account
- D. A variance in the Average rate and the Ending rate
Answer: A
NEW QUESTION 41
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
- A. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
- B. calculations, dashboards and reports to provide analysis for cash flow modeling
- C. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
- D. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
Answer: A
NEW QUESTION 42
For which three dimensions is security enabled by default?
- A. Consolidation
- B. Account
- C. Entity
- D. Scenario
- E. Data Source
Answer: B,C,D
Explanation:
By default, the Account, Entity, Scenario, and Data Source dimensions.
NEW QUESTION 43
How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
- A. During application creation, select the Multicurrency option of "Yes".
- B. During application creation, select the Multicurrency option of "No" and insert additionalcurrencies within the Currency dimension.
- C. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
- D. Enable a dimension for Currency after application creation via a Metadata load.
Answer: D
NEW QUESTION 44 
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2's debit balance?
- A. Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1
- B. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany
- C. Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1
- D. Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1
Answer: D
NEW QUESTION 45
Whichstatement 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. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
- D. Application mapping is not required if the global mapping target category is exactly correct.
Answer: B
NEW QUESTION 46
Which statement is correct regardingintercompany eliminations?
- A. Intercompany eliminations are required for sustainability reporting to show the company's waste output.
- B. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.
- C. Intercompany eliminations are generally required to remove the effect of transactions within the company.
- D. Intercompany eliminations are needed when a company divests itself of a division.
Answer: C
NEW QUESTION 47
Which statement correctly describes the Consolidation dimension?
- A. The dimension contains members to store non-controlling interest and joint venture data.
- B. The dimension allows users to view data in the parent currency.
- C. The dimension uses a separate member for data from an entity's level zero descendants.
- D. The dimension allows users to see input versus journal adjustment data.
Answer: B
NEW QUESTION 48
Which two statements are true about Cash Flow in the Movement dimension?
- A. The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow hierarcy.
- B. When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member to the FCCS_CashFlow hierarchy.
- C. You can add shared members to the FCCS_CashChange hierarchy.
- D. The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the FCCS_CashFlow hierarchy.
Answer: A,B
NEW QUESTION 49
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 DAT file format.
- B. The data export format / file extension is always extracted in a CSV file format.
- C. The data export format / file extension is always extracted in a ZIP file format.
- D. The data export format / file extension is always extracted in a XLS file format.
Answer: B
NEW QUESTION 50
Which three scenarios result in foreign currency translation during the default consolidation process?
(Choose three.)
- A. A parent entity has the same default currency as its parent.
- B. A base entity currency has a parent entity with a different default currency.
- C. A shared entity has a parent with a different currency.
- D. A parent entity has a different currency from its parent.
- E. A base entity currency has a parent entity with a matching default currency.
Answer: B,C,D
NEW QUESTION 51
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
- A. FCCS_Data Input
- B. FCCS_SystemTypes
- C. FCCS_Proportion
- D. FCCS_No Data Source
Answer: C
NEW QUESTION 52
For which three levels can Profiles be set in Data Management?
- A. Application
- B. Source System
- C. System
- D. Category
- E. User
Answer: A,C,E
NEW QUESTION 53
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)?
(Choose two.)
- A. DAT file type
- B. Tab delimited
- C. Excel XLSfile type
- D. Comma delimited
Answer: B,D
NEW QUESTION 54
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
- A. when the tasks are often late in completion and they need to be monitored more closely
- B. when the tasks require multiple levels of approvers
- C. when the tasks require consistent definition across close schedules
- D. when the tasks are repeatable over multiple close cycles
Answer: D
Explanation:
A task template defines a repeatable set of tasks required for a business process. It is used as a basis for creating schedules.D18912E1457D5D1DDCBD40AB3BF70D5D Reference:
cm_templates_managing.html
NEW QUESTION 55
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