[Dec-2021] Updated Oracle Financial Consolidation and Close Cloud Service 1Z0-1081-20 Exam Questions BUNDLE PACK
Master The Oracle Content 1Z0-1081-20 EXAM DUMPS WITH GUARANTEED SUCCESS!
Oracle 1Z0-1081-20 Exam Syllabus Topics:
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NEW QUESTION 33
When creating a member mapping for account Sales in Data Management, the following script is entered.
UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
- A. The script will work if the script is referenced in the In mapping type with #SQL as the target.
- B. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
- C. The script will not work since theUD5 member referenced does not start with FCCS_
- D. The script can be eliminated by using a multi-dim map on the Product dimension thatalso looks for the account Sales.
- E. The script will not work since Data Management does not support scripting.
Answer: A
NEW QUESTION 34
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)
- A. FCCS_Contribution
- B. FCCS_Amount_Override
- C. FCCS_Proportion
- D. FCCS_Elimination
- E. FCCS_Translation
- F. FCCS_Rate Override
Answer: D,F
NEW QUESTION 35
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. Metadata Supervisor
- B. System Administrator
- C. Power User
- D. Metadata Administrator
Answer: D
Explanation:
Explanation/Reference:
Service Administrators have Write access to all dimension members and to all forms.
NEW QUESTION 36
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
- A. Input Currency
- B. Reporting Currency
- C. EntityCurrency
- D. Parent Currency
Answer: B
NEW QUESTION 37
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
- A. the third Friday of each month to apply to both TEST and PROD simultaneously
- B. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
- C. thefirst and third Monday of each month; first Monday for TEST and third Monday for PROD
- D. the first and third Friday of each month; first Friday for TEST and third Friday for PROD
Answer: D
NEW QUESTION 38
How can the Intercompany dimension be enabled within your application?
- A. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.
- 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 Enabled for the Intercompany property for the Entity dimension.
Answer: D
Explanation:
Reference:
intercompany_property_for_entities.html
NEW QUESTION 39
Which statement is FALSE when Intercompany Data is enabled?
- A. Tracking intercompany eliminations is optional.
- B. Intercompany accounts are assigned plug accounts.
- C. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.
- D. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
Answer: D
Explanation:
Explanation: Elimination data applies to all children, including children with a different Domicile than the Parent, a blended rate is entered at the Parent Entity's domicile. If you want to disable the elimination global rules, do not enter rates at the Parent entity.
Reference:
admin_tax_automation_intercompany_eliminations_100x084ae29f.html
NEW QUESTION 40
What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?
- A. FCCS_Parent Currency
- B. FCCS_Entity Consolidation
- C. FCCS_Entity Total
- D. FCCS_Contribution
Answer: D
NEW QUESTION 41
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 Other Data duringthe application creation process.
- C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
- D. Drill-back is available from any Multi-source dimensionmember by default, know the source of the origination data load.
Answer: D
NEW QUESTION 42
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
- A. Load detailed Fixed Asset data to Movement members.
- B. Add custom Movement members to the FCCS_CashFlow hierarchy.
- C. Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
- D. Create a Roll Forward in the account dimension.
- E. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
Answer: A,C,E
NEW QUESTION 43
If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?
- A. Theassociated Intercompany member must be manually removed.
- B. The alias of the associated Intercompany member is automatically updated.
- C. The associated Intercompany member is automatically removed.
- D. The alias of the associated Intercompany member must be manually changed.
Answer: B
NEW QUESTION 44
What can the Intercompany Dimension be enabled and made visible within your application?
- A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
- B. during application creation and selecting the Multi-source Data Input of Other Data
- C. during application creation and selecting the Intercompany Data feature option
- D. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Accountattribute
Answer: C
NEW QUESTION 45
What information is included in the data extract export file delimited format?
- A. the domain and application name
- B. the application name
- C. the data load cube name
- D. the ID of the user performing the extract
Answer: B
NEW QUESTION 46
A company has two subsidiaries with 1000 EURO each in the Cash account.
Which four Consolidation Memberswill reflect 2000 EURO at the company's balance? (Choose four.)
- A. FCCS_Entity Input
- B. FCCS_Entity Total
- C. FCCS_Entity Consolidation
- D. FCCS_Elimination
- E. FCCS_Proportion
- F. FCCS_Contribution
Answer: A,B,C,F
NEW QUESTION 47
A newSheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?
- A. Change one of the Row or Column dimension members and click Refresh.
- B. Activate the Connection.
- C. Disconnect from the Smart View connection, and relog in.
- D. Close out of Excel, and relog in to Smart View.
Answer: A
NEW QUESTION 48
Which statement is true regarding shared members and valid intersection rules?
- A. Shared members are supported in valid intersection rules
- B. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
- C. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
- D. Shared members are not supported in valid intersection rules
Answer: C,D
Explanation:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
Reference:
admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
NEW QUESTION 49
Once metadata is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?
- A. OK
- B. Impacted
- C. Need Translate
- D. System Changed (SC)
Answer: D
Explanation:
The entity's calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.
Reference:
locking_and_unlocking_entities.html
NEW QUESTION 50
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
- A. The Intercompany Alias is set to the Entity Name.
- B. The Intercompany Alias is automatically set to the Intercompany Name.
- C. The Intercompany Alias is automatically changed to the new Entity Alias.
- D. The Intercompany Alias is not automatically changed to the new Entity Alias.
Answer: C
NEW QUESTION 51
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
- A. pre-built integrations to combine narrative and data toproduce both internal and external reporting packages
- B. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
- C. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
- D. calculations, dashboards and reports to provide analysis for cash flow modeling
Answer: D
NEW QUESTION 52
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. Metadata Supervisor
- B. System Administrator
- C. Power User
- D. Metadata Administrator
Answer: D
NEW QUESTION 53
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