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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

When do you enable submission phases for your approval process?

A. When you set the member properties for the entity
B. When you start the approval process for an approval unit on the Manage Approvals page
C. When you set up the approval unit hierarchy
D. When you assign the approval unit hierarchy to a scenario, period, and year

Question 2

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

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

Question 3

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

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

Question 4

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?

A. An ownership percentage for the entity other than 100 was entered.
B. An intercompany elimination was performed.
C. A rate was entered into the FCCS Rate Override account.
D. The parent entity has a different currency than the child.

Question 5

When you set the Intercompany Account attribute for an account to Yes, which additional attribute must also be set in order for the account to be included in the elimination process?

A. Is Plug Account
B. Intercompany Account
C. Plug Account
D. Intercompany Entity

Solutions: