QUIZ TRUSTABLE 1Z0-1081-24 - ORACLE FINANCIAL CONSOLIDATION AND CLOSE 2024 IMPLEMENTATION PROFESSIONAL EXAM SIMULATOR ONLINE

Quiz Trustable 1Z0-1081-24 - Oracle Financial Consolidation and Close 2024 Implementation Professional Exam Simulator Online

Quiz Trustable 1Z0-1081-24 - Oracle Financial Consolidation and Close 2024 Implementation Professional Exam Simulator Online

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q142-Q147):

NEW QUESTION # 142
Where in Data Integration do you specify the default member for the Multi-GAAP dimension?

  • A. Location Attributes section of the Create Integration dialog box
  • B. Options tab of the Application Details dialog box
  • C. Workbench
  • D. Execute Integration dialog box

Answer: B

Explanation:
The place in Data Integration where you specify the default member for the Multi-GAAP dimension is the Options tab of the Application Details dialog box. This is where you can set default members for any dimension that is not mapped in your integrations. The default member for Multi-GAAP will be used when loading data from sources that do not have multiple GAAPs. The other options are not places where you specify the default member for Multi-GAAP. The Workbench is where you define source files and mappings, but not default members. The Execute Integration dialog box is where you run integrations, but not specify default members. The Location Attributes section of the Create Integration dialog box is where you select target applications and scenarios, but not default members.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 41; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 9-6.


NEW QUESTION # 143
Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

  • A. Ending Rate
  • B. Opening Rate
  • C. Local Rate
  • D. Average Rate

Answer: A,D

Explanation:
The seeded exchange rate forms display two rate accounts: Average Rate and Ending Rate. These rate accounts show the exchange rates used for translating data from local currency to reporting currency. The Average Rate account shows the average exchange rate for the period, which is used for translating flow accounts. The Ending Rate account shows the ending exchange rate for the period, which is used for translating balance accounts. The other rate accounts, such as Local Rate, Opening Rate, and Historical Rate, are not available in the seeded exchange rate forms.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 49-50; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 5-4.


NEW QUESTION # 144
Which statement is true of journals created from Recurring templates?

  • A. Journals for recurring templates are created automatically when you open a period for journals.
  • B. The line items in journals created from Recurring templates are read only.
  • C. The initial status of journals created from Recurring templates is Posted.
  • D. The initial status of journals created from Recurring templates is Approved.

Answer: A

Explanation:
Journals for recurring templates are created automatically when you open a period for journals. Recurring templates are used to create journals that repeat in multiple periods with the same or different amounts. You can specify the frequency, start period, end period, and amount type for recurring templates. The initial status of journals created from recurring templates is Unposted, not Approved or Posted. The line items in journals created from recurring templates are editable, not read only.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 75-76; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 10-7.


NEW QUESTION # 145
When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

  • A. Designing dynamic reports
  • B. Report performance
  • C. Suppress missing blocks
  • D. Expanded vs. single data segments

Answer: C


NEW QUESTION # 146
Which statement is true regarding shared members and valid intersection rules?

  • A. Shared members are not supported in valid intersection rules
  • B. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
  • C. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
  • D. Shared members are supported in valid intersection rules

Answer: A,C

Explanation:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
admin_valid_intersections_shared_members_and_rules_102x58c8d618.html


NEW QUESTION # 147
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