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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

Question 1

Which statement correctly describes what happens to parent entities during consolidation?

A. Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.
B. Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities
C. The changes in the relational database are synced to the underlying Essbase cube.
D. For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Question 2

Which four sample ratios can be created during the application creation process? (Choose four.)

A. Earnings per Share
B. Debt Ratio
C. Contribution Margin
D. Days Sales in Receivables
E. Inventory Ratios
F. Gross Margin

Question 3

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

A. Period
B. Year
C. Account
D. Scenario
E. Entity

Question 4

You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A. Tile
B. Gauge
C. Bar
D. Line

Question 5

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

A. From Currency
B. Account
C. Currency
D. Entity

Solutions: