Oracle 1z0-1081-23 Q&A - in .pdf

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Q & A: 60 Questions and Answers
  • PDF Price: $59.99
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Oracle 1z0-1081-23 Q&A - Testing Engine

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Q & A: 60 Questions and Answers
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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Task and Data Management- Data import, export, and integrations
- Manage close process using Task Manager
Topic 2: Overview of Financial Consolidation and Close- Consolidation and close process architecture
- Overview of FCCS features
Topic 3: Reporting and Dashboards- Create dashboards and data forms
- Design reports using Financial Reporting Studio
Topic 4: Setup and Configuration- Application setup and business process configuration
- Security configuration and user roles
Topic 5: Dimension and Metadata Management- Import and edit members
- Manage dimensions and hierarchies
Topic 6: Consolidation and Close Execution- Run consolidations and currency translation
- Intercompany eliminations and adjustments

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question #1

Which two statements are true about the Multi-GAAP feature? (Choose two.)

  • A. Enabling Multi-GAAP reduces the number of custom dimensions you can have.
  • 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. When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.
Answer: A,D

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Question #2

Which statement is true of journals created from Recurring templates?

  • A. The initial status of journals created from Recurring templates is Approved.
  • B. The line items in journals created from Recurring templates are read only.
  • C. Journals for recurring templates are created automatically when you open a period for journals.
  • D. The initial status of journals created from Recurring templates is Posted.
Answer: C

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Question #3

Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

  • A. Period
  • B. Scenario
  • C. Year
  • D. Account
  • E. Entity
Answer: A,C

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Question #4

Which two statements are true about Enterprise Journals? (Choose two.)

  • A. You can assign a team as preparer or reviewer.
  • B. Line items can only include entities that have been enabled for Enterprise Journals.
  • C. You cannot deploy Enterprise Journals to a period with Pending status.
  • D. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
Answer: A,B

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Question #5

For which task categories is Audit enabled by default?

  • A. Journals
  • B. Data only
  • C. All task categories
  • D. No task categories
Answer: C

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