Oracle Financial Consolidation and Close 2023 Implementation Professional : 1z0-1081-23 Exam

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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

A) Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
B) Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
C) Translated values for Closing Balance are adjusted to the ending rate for the period.
D) Values for Opening Balance are retrieved from the prior period's Closing Balance.

2. Which statement about Opening Balance Override rules is true?

A) Opening Balance Override rules execute for the first period in the year only.
B) You can select which accounts to include in the rule scope.
C) You can select which entities to include in the rule scope.
D) They are available only if Intercompany Data with Tracking is enabled for the business process.

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

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

4. Which four items are included in the Currency dimension? (Choose four.)

A) Reporting Currencies
B) Entity Currency
C) Journal Input Currencies
D) Parent Currency
E) Default Currency
F) Input Currencies

5. Which three dimensions can be included in an approval group? (Choose three.)

A) Scenario
B) Account
C) Entity
D) Multi-GAAP
E) Movement

Solutions: