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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. What can the Intercompany Dimension be enabled and made visible within your application?

A) during application creation and selecting the Intercompany Data feature option
B) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
C) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
D) during application creation and selecting the Multi-source Data Input of Other Data

2. Which statement is FALSE when setting up Shared Entities?

A) When data is posted to one shared entity, the data is posted to all instances.
B) The calculation status will not change in all instances when data is changed in one instance.
C) The Data Storage Member Property must set to "Dynamic Calc".
D) You build an alternate hierarchy by using partial share Entity members.

3. 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?

A) Delete the default Approval Unit hierarchy.
B) Select as owners only users with the Service Administrator or Power User security role.
C) Select the Consolidation template when setting up the Approval Unit hierarchy.
D) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.

4. 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?

A) Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
B) Click Configurable Consolidation on the Consolidation Process page and create a Configurable
C) Edit the numbers using a web form or Smart View after consolidating.
D) Create an on-demand rule in Calculation Manager that you run after consolidation.

5. Which statement is FALSE about Task Manager schedules?

A) You can still add tasks to a schedule that has been closed.
B) To start all the tasks in a schedule, you must change the status from Pending to Open.
C) Users can still complete tasks in a schedule that has been closed.
D) You can re-open a schedule that has been locked.

Solutions: