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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)

A) Member mappings
B) Target application
C) Scenario
D) Data tile name

2. 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 Entity
C) Intercompany Account
D) Plug Account

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

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

4. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A) Load a data file
B) Import journals
C) Run a business rule
D) Export metadata

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

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

Solutions: