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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

Question 1

Which four sample ratios can be created during the application creation process? (Choose four.)

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

Question 2

For which
scenario would an On-Demand rule be an appropriate solution?

A. to allocate data to base entities prior to consolidation
B. to perform a custom currency translation for a subset of accounts
C. to copy data from one scenario to a different scenario
D. to add a column with a calculation to a report

Question 3

A company
would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?

A. Load detailed Fixed Asset data to Movement members.
B. Add custom Movement members to the FCCS_CashFlow hierarchy.
C. Create a Roll Forward in the account dimension.
D. Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
E. Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.

Question 4

Audit is enabled by default for which task categories?

A. All task categories
B. No task categories
C. Metadata Administration and Security
D. Data only

Question 5

Which statement is true regarding Data Management categories?

A. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
B. Application mapping is not required if the global mapping target category is exactly correct.
C. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
D. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.

Solutions: