Download Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials.test-king.1z0-983.1e.47q.vcex

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Exam Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Number 1z0-983
File Name Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials.test-king.1z0-983.1e.47q.vcex
Size 48 Kb
Posted December 29, 2018
Downloads 32

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Demo Questions

Question 1
Which two statements are correct with regard to Data Management locations? (Choose two.)

  • A: A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
  • B: Location security allows users to be provisioned in Shared Services for read or modify access to each location.
  • C: Locations can share dimension member mappings by specifying a location as a parent location of others.
  • D: The logic account group is required in order to effect running of calculations after the data load.
  • E: Locations must specify an import format, which may be used by other locations.
  • F: Data load rules can be shared across locations.

Question 2
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

  • A: Ensure security of sensitive data.
  • B: Integrate with source systems.
  • C: Provide predictive analysis and modeling.
  • D: Provide a strong compliance framework that includes auditing and segregation of duties.

Question 3
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

  • A: Chart
  • B: Grid
  • C: Image
  • D: Header

Question 4
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

  • A: The Cash Change hierarchy cannot be modified.
  • B: All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
  • C: The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
  • D: Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
  • E: Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
  • F: Siblings can be added to the FCCS_CashFlow_Investing member.

Question 5
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

  • A: enables the Elimination member in the Consolidation dimension
  • B: process will separate total elimination values by Data Source.
  • C: enables the application to include Intercompany data.
  • D: enables the application to perform Intercompany eliminations

Question 6
Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application? (Choose three.)

  • A: Period, Year, Entity
  • B: From Currency, Movement, Scenario
  • C: Multi-GAAP, Data Type, Intra-company
  • D: Value, Entity, Account
  • E: Data source, Consolidation, View

Question 7
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

  • A: FCCS_No Data Source
  • B: FCCS_Data Input
  • C: FCCS_SystemTypes
  • D: FCCS_Proportion

Question 8
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?

  • A: this setting will not affect additions or subtractions to the next parent
  • B: subtract amounts consolidated to the parent
  • C: add amounts consolidated to the parent
  • D: you can’t load data to this account

Question 9
Which four items are active components of the Currency dimension? (Choose four.)

  • A: Entity Currency Adjustments
  • B: Reporting Currencies
  • C: Input Currencies
  • D: Translated Currencies
  • E: Entity Currency
  • F: Parent Currency

Question 10
Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

  • A: Scenario, Account, Base Entity and Parent Entity
  • B: Year, Scenario, Base Entity and Account
  • C: Scenario, View, Parent Entity and Account
  • D: Period, Scenario, Base Entity and Parent Entity


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