Oracle 1z0-1081-23 Dumps - The Sure Way To Pass Exam [Q31-Q53]

Q31. Which statement correctly describes what happens to parent entities during consolidation?

Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities

Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

The changes in the relational database are synced to the underlying Essbase cube.

For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Q32. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?

Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning

Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow

Pre-built integrations to combine narrative and data to produce both internal and external reporting packages

Calculations, dashboards, and reports to provide analysis for cash flow modeling

Q33. Which statement about Opening Balance Override rules is true?

They are available only if Intercompany Data with Tracking is enabled for the business process.

Opening Balance Override rules execute for the first period in the year only.

You can select which entities to include in the rule scope.

You can select which accounts to include in the rule scope.

Q34. Where do you set the Intercompany Entities Aggregation option?

In the member properties of the Intercompany Top member

On the Properties page of the Intercompany dimension

In the Setup Wizard during business process creation

In the member properties of the Intercompany Entities member

Q35. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

Period and Year

View

Period, Year, and View

Period

Q36. Which customization can you perform on the Navigation Flows page?

Set a default POV by user group.

Add or Hide cards.

Select a color scheme.

Select a data form to display at start up based on user group.

Q37. Which statement is FALSE about running consolidations?

When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

When you consolidate a parent, children with the Impacted calculation status are also consolidated.

When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.

Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.

Q38. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

Entity

Period

Data Source

Scenario

Consolidation

Year

Q39. Which three dimensions can be included in an approval group? (Choose three.)

Multi-GAAP

Entity

Account

Movement

Scenario

Q40. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

Import journals

Run a business rule

Load a data file

Export metadata

Q41. How do you navigate if you want to export a form to a Snapshot file?

From the Home page, select Tools, and then Clone Snapshot.

Open the form, select Actions, and then Export.

From the Home page, select Tools, and then Migration.

From the Navigator menu, select Forms.

Q42. Which two statements are true about Enterprise Journals? (Choose two.)

You cannot deploy Enterprise Journals to a period with Pending status.

Line items can only include entities that have been enabled for Enterprise Journals.

You can assign a team as preparer or reviewer.

Users with either the Service Administrator or Power User role can create Enterprise Journal templates.

Q43. When do you enable submission phases for your approval process?

When you start the approval process for an approval unit on the Manage Approvals page

When you set up the approval unit hierarchy

When you set the member properties for the entity

When you assign the approval unit hierarchy to a scenario, period, and year

Q44. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

Create a Groovy rule.

Create a Task Manager rule.

Create a Configurable Consolidation rule.

Create a valid intersection rule.

Q45. Which four items are included in the Currency dimension? (Choose four.)

Parent Currency

Input Currencies

Default Currency

Journal Input Currencies

Entity Currency

Reporting Currencies

Q46. Which two are members in the Consolidation dimension? (Choose two.)

FCCS Data Input

FCCS Total input And Adjusted

FCCS Entity Input

FCCS Proportion

Q47. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

Consolidation Percentage

Control

Ownership Percentage

Minority Interest Percentage

Consolidation Method

Q48. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

Set the consolidation member on the form to FCCS Entity Input.

In the member selection for Entity, do not include shared entities; include only primary instances of entities.

Select level 0 dimension members for POV rows, and columns. www*’

Grant the data input users Write access to the dimension members used on the form.

Set the currency on the form to Parent Currency.

Q49. 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?

Plug Account

Is Plug Account

Intercompany Entity

Intercompany Account

Q50. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users’ default access to members in the Account dimension?

None

Read

Comment

Write

Q51. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.

You can include Data Management artifacts in the clone.

The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.

You can include the inbox and outbox contents in the clone.

Q52. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

Grid

Header

Chart

Footer

Q53. Where can you set the default member for the Currency dimension in a Data Integration integration?

Map Members tab in the Create Integration dialog box

Options tab of the Application Details dialog box

Run Integration dialog box

Location Attributes in the Create Integration dialog box

Oracle 1z0-1081-23 Dumps – The Sure Way To Pass Exam [Q31-Q53]

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