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

2. Which statement is FALSE about when Intercompany Data is enabled?

A) Intercompany accounts are assigned plug accounts.
B) The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
C) Tracking intercompany eliminations is optional.
D) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

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

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

4. Which statement is true of reporting currencies?

A) During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency.
B) When you run the Consolidate business rule, you can select one or more reporting currencies to translate to.
C) All reporting currency members have the suffix Reporting.
D) All input currencies that you add are automatically added as reporting currencies as well.

5. 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) Bar
B) Line
C) Gauge
D) Tile

Solutions: