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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)

A) Consolidation
B) Movement
C) View
D) Account

2. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) Grant the data input users Write access to the dimension members used on the form.
B) Set the consolidation member on the form to FCCS Entity Input.
C) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
D) Select level 0 dimension members for POV\ rows, and columns. www*'
E) Set the currency on the form to Parent Currency.

3. Where do you set the Intercompany Entities Aggregation option?

A) In the member properties of the Intercompany Entities member
B) In the member properties of the Intercompany Top member
C) In the Setup Wizard during business process creation
D) On the Properties page of the Intercompany dimension

4. Which statement is true about an approval process with the Phase Dependency option enabled?

A) Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.
B) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
C) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
D) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

5. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

A) You can include the inbox and outbox contents in the clone.
B) The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
C) You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
D) You can include Data Management artifacts in the clone.

Solutions: