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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A. Period and Year
B. View
C. Period, Year, and View
D. Period

Question 2

For which scenario would an On-Demand rule be an appropriate solution?

A. To allocate data to base entities prior to consolidation
B. To import data into a form or Smart View worksheet
C. To add a column with a calculation to a report
D. To perform a custom currency translation for a subset of accounts

Question 3

For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

A. All parent members in the Account dimension must have a Solve Order value of 58.
B. The View dimension stores only periodic data.
C. You cannot add member formulas to members of the Movement dimension.
D. Account is a Sparse dimension.

Question 4

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

A. Security can be disabled for any dimension.
B. Security can be assigned at a parent level.
C. The Identity Domain Administrator inherits full access privileges.
D. Security is mandatory for one dimension.
E. All members are accessible for dimensions with no security applied.

Question 5

Which two statements about the Copy Data function are true? (Choose two.)

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

Solutions: