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

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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

Where can you set the default member for the Currency dimension in a Data Integration integration?

A. Map Members tab in the Create Integration dialog box
B. Location Attributes in the Create Integration dialog box
C. Run Integration dialog box
D. Options tab of the Application Details dialog box

Question 2

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

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

Question 3

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

A. Ownership Percentage
B. Consolidation Percentage
C. Minority Interest Percentage
D. Control
E. Consolidation Method

Question 4

Which two conditions are required for foreign currency translation to take place during the default consolidation process? (Choose two.)

A. To specify exchange rates you must set up multiple currencies when creating an application.
B. Reporting currencies have been defined in the Currency dimension.
C. The default currency of the child is different from the default currency of the parent.
D. The child entity is NOT a shared entity.

Question 5

In Data Integration, for what purpose do you use Workbench?

A. To review mapping of source to target members
B. To define dimension mapping
C. To edit the data load file format
D. To configure data load options

Solutions: