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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Rules and Automation | - Business rules and calculation logic
|
| Topic 2: Application Configuration | - FCCS application setup and configuration
|
| Topic 3: Security and Access | - User and role management
|
| Topic 4: Reporting and Analysis | - Financial reporting
|
| Topic 5: Close Process Management | - Period close activities
|
| Topic 6: Data Integration | - Data loading and management
|
| Topic 7: Journals and Adjustments | - Journal management
|
| Topic 8: Consolidation Process | - Financial consolidation activities
|
| Topic 9: Intercompany Processing | - Intercompany transactions
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which two statements are true about Enterprise Journals? (Choose two.)
- A. You can assign a team as preparer or reviewer.
- B. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
- C. You cannot deploy Enterprise Journals to a period with Pending status.
- D. Line items can only include entities that have been enabled for Enterprise Journals.
Correct Answer: A,D 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
How can
the Intercompany dimension be enabled within your application?
- A. In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.
- B. During application creation, select the Intercompany Data option.
- C. In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.
- D. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.
Correct Answer: A 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)
- A. Grid
- B. Header
- C. Chart
- D. Footer
Correct Answer: A,C 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
Which two statements about the Copy Data function are true? (Choose two.)
- A. You can copy data for historical rate and amount overrides.
- B. You cannot select which Account members to copy.
- C. You can select which Consolidation dimension member to copy.
- D. When you select the Regular Data option, journals data is included.
Correct Answer: A,C 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.
Which statement is true?
- A. The ICP dimension will be omitted.
- B. Data can be stored by intercompany partner but no eliminations will occur.
- C. The FCCS_No Intercompany member of the ICP dimension will be used for all data.
- D. An extra custom dimension will be available.
Correct Answer: A 🗳️
