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1Z0-1081-21 Exam Questions

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1Z0-1081-21 Exam Questions

Free 1Z0-1081-21 Exam Questions - Oracle 1Z0-1081-21 Exam

Oracle 1Z0-1081-21 Exam

Oracle Financial Consolidation and Close 2021 Implementation Essentials

Total Questions: 116

Last Updated : 09-03-2023

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Oracle 1Z0-1081-21 Questions

Q1.

A company would like to capture Fixed Asset additions and disposals within the Movement dimension.

Which three tasks are necessary to achieve this goal?

AAdd custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.

BBuild a custom Movement member for Fixed Assets with child members for Additions and Disposals.

CLoad detailed Fixed Asset data to Movement members.

DAdd custom Movement members to the FCCS_CashFlow hierarchy.

ECreate a Roll Forward in the account dimension.

Q2.

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?

AClick Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
Calculation Manager.

BClick Configurable Consolidation on the Consolidation Process page and create a Configurable
Consolidation rule-set.

CEdit the numbers using a web form or Smart View after consolidating.

DCreate an on-demand rule in Calculation Manager that you run after consolidation.

Q3.

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?

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

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

CDelete the default Approval Unit hierarchy.

DSelect as owners only users with the Service Administrator or Power User security role.

Q4.

Which statement is true regarding shared members and valid intersection rules?

AShared members are supported in valid intersection rules

BIf a shared member is selected for a valid intersection rule, then the base member is not included in the rule

CIf a base member is included in a valid intersection rule, then any shared member is not included in the rule

DShared members are not supported in valid intersection rules

Q5.

Which statement is false regarding establishing security for Financial Consolidation and Close?

ASecurity can be assigned at a prevent level.

BSecurity is mandatory for one dimension.

CThe Identity Domain Administrator inherits full access privileges.

DAll members are accessible for dimensions with no security applied.

ESecurity can be disabled for any dimension.

Solutions:

Question: 1 Answer: C, D, E

Question: 2 Answer: B

Question: 3 Answer: B

Question: 4 Answer: C, D

Question: 5 Answer: D

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