Oracle Financial Consolidation and Close 2022 Implementation Professional - 1z0-1081-22 Free Exam Questions

QUESTION NO: 1
Which item describes the use for the Currency dimension property Triangulation Currency?

Correct Answer: B Vote an answer
QUESTION NO: 2
By default, security access is set to "None" for which three dimensions? (Choose three.)

Correct Answer: B,C,D Vote an answer
QUESTION NO: 3
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

Correct Answer: E,F Vote an answer
QUESTION NO: 4
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

Correct Answer: A,E Vote an answer
QUESTION NO: 5
What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

Correct Answer: D Vote an answer
QUESTION NO: 6
Which statement correctly describes the Consolidation dimension?

Correct Answer: D Vote an answer

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