This page was exported from Valid Premium Exam [ http://premium.validexam.com ] Export date:Fri Apr 4 14:11:58 2025 / +0000 GMT ___________________________________________________ Title: 1z0-1081-22 Free Certification Exam Easy to Download PDF Format 2023 [Q14-Q34] --------------------------------------------------- 1z0-1081-22 Free Certification Exam Easy to Download PDF Format 2023 Get 100% Success with Latest Oracle Financial Consolidation and Close Cloud Service 1z0-1081-22 Exam Dumps QUESTION 14When can the Intercompany Dimension be enabled and n=made visible within your application?  during application creation and selecting Multi-source Data Input of Other Data  after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute  after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute  during application creation and selecting the Intercompany Data feature option QUESTION 15When setting an account property to a data storage type of “Dynamic Calc” which two are allowed?  Member Formulas cannot be created  load data to this account and make member formulas  load data to this account  create Member Formulas QUESTION 16For whichscenario would an On-Demand rule be an appropriate solution?  to perform a custom currency translation for a subset of accounts  to add a column with a calculation to a report  to copy data from one scenario to a different scenario  to allocate data to base entities prior to consolidation Copy data from one scenario to another one.QUESTION 17Which item describes the use for the Currency dimension property Triangulation Currency?  The ability to force translations  The ability to report in multiple currencies  The ability to calculate foreign exchange rates  The ability to calculate CTA (Cumulative Translation Adjustment)  The ability to input foreign exchange rates QUESTION 18Which statementis true of the default FCCS_ members within an application?  You can change the default FCCS_ member prefix at application creation.  You can change the Alias.  You can change the Data Storage property.  You can change the Name. The member names of the seeded accounts cannot be changed, but the aliases can.Reference:3A1613856380969&ei=fH4xYLrqOoj4gQbWz7-oDw&q=default+FCCS_+members+within+an+application+can+change+the+Alias&oq=default+FCCS_+members+within+an+application+can+change+the+Alias&gs_lcp=Cgdnd3Mtd2l6EAM6BwgAEEcQsAM6BAgjECc6BwghEAoQoAE6BAghEBVQ97gEWOXABGD QwQRoAXACeACAAaECiAHlCpIBAzItNZgBAKABAaoBB2d3cy13aXrIAQjAAQE&sclient=gwswiz&ved=0ahUKEwi6mLnCs_nuAhUIfMAKHdbnD_UQ4dUDCA0&uact=5QUESTION 19On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?  the third Friday of each month to apply to both TEST and PROD simultaneously  the first and third Monday of each month; first Monday for TEST and third Monday for PROD  the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD  the first and third Friday of each month; first Friday for TEST and third Friday for PROD QUESTION 20Which statement is true regarding shared members and valid intersection rules?  Shared members are supported in valid intersection rules  If a shared member is selected for a valid intersection rule, then the base member is not included in the rule  If a base member is included in a valid intersection rule, then any shared member is not included in the rule  Shared members are not supported in valid intersection rules Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.Reference:admin_valid_intersections_shared_members_and_rules_102x58c8d618.htmlQUESTION 21Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?  Period, Year, Entity  From Currency, Movement, Scenario  Multi-GAAP, Data Type, Intra-company  Value, Entity, Account  Data source, Consolidation, View QUESTION 22Which explains why the Currency dimension does NOT display in your application?  Security access to the Multi-GAAP dimension is required  Multi-Currency option was not selected at application creation  Entity-specific security rights were not properly granted  Security has not been granted QUESTION 23Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?  FCCS_No Data Source  FCCS_Data Input  FCCS_SystemTypes  FCCS_Proportion QUESTION 24What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?  The data export format / file extension is always extracted in a XLS file format.  The data export format / file extension is always extracted in a ZIP file format.  The data export format / file extension is always extracted in a DAT file format.  The data export format / file extension is always extracted in a CSV file format. D18912E1457D5D1DDCBD40AB3BF70D5DThe system creates an export file for each artifact (.csv).QUESTION 25When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?  Any number of months can be selected  12-month only  12-month and 13-month  12-month, 13-month and a 14-month QUESTION 26You needa report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.Which type of report can you run to accomplish this?  Consolidation Report  Journal Report  Intercompany Report  Financial Report QUESTION 27Once metadatais updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?  Impacted  Need Translate  OK  System Changed (SC) The entity’s calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.Reference:locking_and_unlocking_entities.htmlQUESTION 28Changes in the balance of Accounts Payable are captured on a company’s Cash Flow Report.Which two dimension members must be built into the row of the company’s Cash Flow to report the impact of Accounts Payable? (Choose two.)  FCCS_Accounts Payable account member  FCCS_CashFlow_Operating movement member  FCCS_CashFlow_Accounts Payable account member  FCCS_Total Balance Sheet – Cash and NonCash account member  FCCS_CashChange movement member QUESTION 29If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?  The alias of the associated Intercompany member is automatically updated.  The associated Intercompany member must be manually removed.  The associated Intercompany member is automatically removed.  The alias of the associated Intercompany member must be manually changed. QUESTION 30Which four items are active components of the Currency dimension? (Choose four.)  Entity Currency Adjustments  Reporting Currencies  Input Currencies  Translated Currencies  Entity Currency  Parent Currency You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.QUESTION 31Which statement is correct regarding intercompany eliminations?  Intercompany eliminations are generally required to remove the effect of transactions within the company.  Intercompany eliminations are required for sustainability reporting to show the company’s waste output.  Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.  Intercompany eliminations are needed when a company divests itself of a division. QUESTION 32A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.Which two requirements from this team would Oracle’s Financial Consolidation and Close Cloud Service satisfy? (Choose two.)  robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint  dashboard reporting with daily revenue comparisons and KPI’s that measure cost controls  leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness  a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards  provide the ability to collaborate during close and analyse transaction detail in real time QUESTION 33Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)  DAT file type  Excel XLS file type  Comma delimited  Tab delimited QUESTION 34Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?  Select Application, then Overview, then Data, and then Export  Select Application, then Overview, then Actions, and then Import Data  Select Dimensions, then Actions, and then Import Data  Select Import, then Actions, and then Data  Loading … Get Ready to Pass the 1z0-1081-22 exam Right Now Using Our Oracle Financial Consolidation and Close Cloud Service Exam Package: https://www.validexam.com/1z0-1081-22-latest-dumps.html --------------------------------------------------- Images: https://premium.validexam.com/wp-content/plugins/watu/loading.gif https://premium.validexam.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-04-21 16:26:52 Post date GMT: 2023-04-21 16:26:52 Post modified date: 2023-04-21 16:26:52 Post modified date GMT: 2023-04-21 16:26:52