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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

A) create Member Formulas
B) load data to this account and make member formulas
C) Member Formulas cannot be created
D) load data to this account

2. Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)

A) Retrieve data
B) Run a rule such as Consolidate or Translate
C) Adjust data with Journals
D) Submit data

3. Which four items are included in the Currency dimension? (Choose four.)

A) Parent Currency
B) Default Currency
C) Entity Currency
D) Reporting Currencies
E) Journal Input Currencies
F) Input Currencies

4. Which two statements are true regarding the Copy Data function?

A) When you select the Regular Data option, journals data is included.
B) You can copy data for historical rate and amount overrides.
C) You cannot select which Account members to copy.
D) You can select which Consolidation dimension member to copy.

5. Which statement correctly describes the Consolidation dimension?

A) The dimension uses a separate member to store data from an entity's descendants.
B) The dimension allows users to see input versus journal adjustment data.
C) The dimension contains members to store non-controlling interest and joint venture data.
D) The dimension aggregates input, consolidated, and elimination data together.

Solutions: