Oracle Financial Consolidation and Close 2020 Implementation Essentials - 1Z0-1081-20 Free Exam Questions

QUESTION NO: 1
In the Movement dimension, for which two can you modify the default translation calculation?

Correct Answer: C,D
Explanation: (Only visible to Actual4test members)
QUESTION NO: 2
Which statement is FALSE when enabling a Multi-GAAP application?

Correct Answer: C
QUESTION NO: 3
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

Correct Answer: A,B,C
QUESTION NO: 4
Which statement is true of the default FCCS_ members within an application?

Correct Answer: A
Explanation: (Only visible to Actual4test members)
QUESTION NO: 5
Which two are required fields when registering a source system in Data Management?

Correct Answer: C,D
Explanation: (Only visible to Actual4test members)
QUESTION NO: 6
You are required to create a form to allow users to input dat
a. Which three actions or form components selected should accomplish this?

Correct Answer: A,C,D
QUESTION NO: 7
Which statement is true regarding Data Management categories?

Correct Answer: D
QUESTION NO: 8
When defining a batch in Data Management, which statement is True?

Correct Answer: C
QUESTION NO: 9
Which four sample ratios can be selected during business process creation?

Correct Answer: B,C,D,F
QUESTION NO: 10
PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?

Correct Answer: D

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