Download Oracle Financial Consolidation and Close 2020 Implementation Essentials.PremDumps.1Z0-1081-20.2021-01-09.1e.68q.vcex
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| Exam | Oracle Financial Consolidation and Close 2020 Implementation Essentials |
| Number | 1Z0-1081-20 |
| File Name | Oracle Financial Consolidation and Close 2020 Implementation Essentials.PremDumps.1Z0-1081-20.2021-01-09.1e.68q.vcex |
| Size | 66 Kb |
| Posted | January 09, 2021 |
| Downloads | 45 |
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Demo Questions
Question 1
Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?
- A: Process Management
- B: Account Reconciliation Management
- C: Data Management
- D: Supplemental Data Management
- E: Financial Close Management
Question 2
When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)
- A: ERP Cloud
- B: Supplemental Data
- C: Data Management
- D: ERP r12
Question 3
For which three levels can Profiles be set in Data Management?
- A: Category
- B: Source System
- C: System
- D: User
- E: Application
Question 4
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
- A: Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
- B: Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
- C: FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
- D: FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
Question 5
If the Alias of an Entity that marked as …oeIs Intercompany… and is later changed, what happens to the corresponding Intercompany member Alias?
- A: The Intercompany Alias is set to the Entity Name.
- B: The Intercompany Alias is automatically changed to the new Entity Alias.
- C: The Intercompany Alias is not automatically changed to the new Entity Alias.
- D: The Intercompany Alias is automatically set to the Intercompany Name.
Question 6
A company has two subsidiaries with 1000 EURO each in the Cash account.
Which four Consolidation Members will reflect 2000 EURO at the company’s balance? (Choose four.)
Which four Consolidation Members will reflect 2000 EURO at the company’s balance? (Choose four.)
- A: FCCS_Elimination
- B: FCCS_Proportion
- C: FCCS_Entity Input
- D: FCCS_Entity Consolidation
- E: FCCS_Entity Total
- F: FCCS_Contribution
Question 7
How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
- A: Enable a dimension for Currency after application creation via a Metadata load.
- B: During application creation, select the Multicurrency option of …oeNo… and insert additional currencies within the Currency dimension.
- C: During application creation, select the Multicurrency option of …oeYes….
- D: Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
Question 8
Which statement is FALSE when enabling a Multi-GAAP application?
- A: Two custom dimensions are available after enabling Multi-GAAP.
- B: The Multi-GAAP dimension is optional.
- C: The system automatically creates an FCCS_IFRS member.
- D: Additional GAAP adjustment can be created.
Question 9
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel?
(Choose three.)
(Choose three.)
- A: Submit data
- B: Adjust data with Journals
- C: Retrieve data
- D: Run a rule such as Consolidate or Translate
Question 10
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?
To define a Close Manager task template to monitor all seven days, which day range should you define?
- A: Day -3 to Day 4
- B: Day -3 to Day 3
- C: Day 1 to Day 7
- D: Day -2 to Day 4
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