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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A) Selecting a shared member for a rule does not include its primary instance.
B) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
C) Selecting the primary instance of a member does not include shared members.
D) If a shared member is selected for a rule, the primary instance of the member is selected as well.

2. Which statement about Opening Balance Override rules is true?

A) You can select which entities to include in the rule scope.
B) Opening Balance Override rules execute for the first period in the year only.
C) You can select which accounts to include in the rule scope.
D) They are available only if Intercompany Data with Tracking is enabled for the business process.

3. Which four sample ratios can be selected during business process creation? (Choose four.)

A) Inventory Ratios
B) Gross Margin
C) Contribution Margin
D) Debt Ratio
E) Earnings per Share
F) Days Sales in Receivables

4. Which two statements are true about Enterprise Journals? (Choose two.)

A) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
B) Line items can only include entities that have been enabled for Enterprise Journals.
C) You can assign a team as preparer or reviewer.
D) You cannot deploy Enterprise Journals to a period with Pending status.

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

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

Solutions: