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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Management | 20% | - Data quality and validation rules - Intercompany transactions - Data loading and integration methods - Data maps and data grids - Journal entries and adjustments |
| Topic 2: Reporting and Analysis | 10% | - Financial reports and Smart View - Dashboards and analysis tools - Report designer and templates |
| Topic 3: Security and Administration | 10% | - User roles and access management - Security filters and data access controls - System administration tasks |
| Topic 4: Configuration and Setup | 25% | - Period and calendar management - Currency and exchange rate configuration - Chart of accounts setup - Application settings and preferences - Entity structure and hierarchy configuration |
| Topic 5: Overview and Architecture | 15% | - Oracle FCCS product overview and key capabilities - Navigation and user interface components - Architecture and deployment options |
| Topic 6: Consolidation Processing | 20% | - Consolidation methods and logic - Consolidation run and workflow - Non-controlling interests - Ownership and investment eliminations |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)
- A. Data Source
- B. Consolidation
- C. Scenario
- D. Year
- E. Period
- F. Entity
Correct Answer: C,D,E,F 🗳️
Explanation: Only visible for Prep4sureExam members. You can sign-up / login (it's free).
When can the Intercompany Dimension be enabled and n=made visible within your application?
- A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
- B. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute
- C. during application creation and selecting Multi-source Data Input of Other Data
- D. during application creation and selecting the Intercompany Data feature option
Correct Answer: D 🗳️
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
- A. Drill-back to SDM is not an available feature.
- B. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
- C. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
- D. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
Correct Answer: D 🗳️
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. Create an on-demand rule in Calculation Manager that you run after consolidation.
- C. Edit the numbers using a web form or Smart View after consolidating.
- D. Click Configurable Consolidation on the Consolidation Process page and create a Configurable
Correct Answer: D 🗳️
Explanation: Only visible for Prep4sureExam members. You can sign-up / login (it's free).
Which two statements are true about the Multi-GAAP feature? (Choose two.)
- A. When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.
- B. Select this option if you need to report your financial statements only in IFRS.
- C. You must specify a prefix for entities that use the alternate gap standard.
- D. Enabling Multi-GAAP reduces the number of custom dimensions you can have.
Correct Answer: A,D 🗳️
Explanation: Only visible for Prep4sureExam members. You can sign-up / login (it's free).
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