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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules run as part of the consolidation process
B) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
C) Seeded rule sets are provided for Equity Pickup.
D) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

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

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

3. Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

A) Data can be stored by the intercompany partner but no eliminations occur.
B) An extra custom dimension is available.
C) The FCCS No Intercompany member of the ICP dimension is used for all data.
D) The ICP dimension is omitted.

4. When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)

A) Movement
B) Account
C) Consolidation
D) View

5. For which scenario would an On-Demand rule be an appropriate solution?

A) To perform a custom currency translation for a subset of accounts
B) To add a column with a calculation to a report
C) To allocate data to base entities prior to consolidation
D) To import data into a form or Smart View worksheet

Solutions: