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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Groovy rule.
B) Create a Task Manager rule.
C) Create a valid intersection rule.
D) Create a Configurable Consolidation rule.

2. Which statement is FALSE about Task Manager schedules?

A) Users can still complete tasks in a schedule that has been closed.
B) To start all the tasks in a schedule, you must change the status from Pending to Open.
C) You can still add tasks to a schedule that has been closed.
D) You can re-open a schedule that has been locked.

3. Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

A) Values for Opening Balance are retrieved from the prior period's Closing Balance.
B) Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
C) Translated values for Closing Balance are adjusted to the ending rate for the period.
D) Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.

4. Which statement is FALSE about running consolidations?

A) When you consolidate a parent, children with the Impacted calculation status are also consolidated.
B) Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
C) When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
D) When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

5. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) Grant the data input users Write access to the dimension members used on the form.
B) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
C) Select level 0 dimension members for POV\ rows, and columns. www*'
D) Set the consolidation member on the form to FCCS Entity Input.
E) Set the currency on the form to Parent Currency.

Solutions: