This page was exported from Exams Labs Braindumps [ http://blog.examslabs.com ] Export date:Fri Jul 5 21:46:48 2024 / +0000 GMT ___________________________________________________ Title: Reliable 1z0-1081-22 Dumps Questions Available as Web-Based Practice Test Engine [Q62-Q84] --------------------------------------------------- Reliable 1z0-1081-22 Dumps Questions Available as Web-Based Practice Test Engine Correct and Up-to-date Oracle 1z0-1081-22 BrainDumps Oracle 1z0-1081-22 Exam Syllabus Topics: TopicDetailsTopic 1Enter exchange rates and historical override rates and amounts Describe the Account, Entity, and Scenario dimensionsTopic 2Assign approval groups to an approval unit hierarchy Add members to the Currency and Movement dimensionsTopic 3Configure statutory consolidations using Ownership Management and Consolidation Methods Describe Period and Movement as Dense dimensions (DSO)Topic 4Configure the default translation method and default rate accounts Run the setup wizard for the FCC business processTopic 5Add and edit members using the Simplified Dimension Editor Set Up the Financial Consolidation and Close Business ProcessTopic 6Create custom consolidation calculations with Configurable Calculations and On Demand Rules Financial Consolidation and Close OverviewTopic 7Build Out Your Financial Consolidation and Close Solution Create journal, intercompany, and consolidation reportsTopic 8Explain approval groups and phased submissions Automate repetitive tasks using EPM AutomateTopic 9Customize the translation process using translation rules and custom rate accounts Create consolidation adjustments with Configurable Consolidation Rules   QUESTION 62For data load rules in Data Management, which two statements are FALSE?  If specified, the import format will be used; if not, then the location’s format will be used.  A job must first run to import the data file before the user can run the data load rule.  End users can upload a file when running a data load rule.  Data load rules cannot be shared across locations.  Valid load types are Merge and Replace. QUESTION 63Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?  Consolidation, Currency, Account  Currency, Account, Movement  Entity, Consolidation, Currency  Entity, Currency, Account QUESTION 64Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?  Select Application, then Overview, then Data, and then Export  Select Application, then Overview, then Actions, and then Import Data  Select Dimensions, then Actions, and then Import Data  Select Import, then Actions, and then Data QUESTION 65Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)  Submit data  Adjust data with Journals  Retrieve data  Run a rule such as Consolidate or Translate QUESTION 66By default, security access is set to “None” for which three dimensions? (Choose three.)  Movement  Data Source  Account  Entity  Year QUESTION 67To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?  Metadata Administrator  Metadata Supervisor  System Administrator  Power User Service Administrators have Write access to all dimension members and to all forms.QUESTION 68If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?  The alias of the associated Intercompany member is automatically updated.  The associated Intercompany member must be manually removed.  The associated Intercompany member is automatically removed.  The alias of the associated Intercompany member must be manually changed. QUESTION 69Which twostatements are true of the roll forward calculation in the Movement dimension?  Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.  Translated values for Closing Balance are adjusted to the ending rate for the period.  Values for Opening Balance are retrieved from the prior period Closing Balance.  Data for opening balances must be loaded to the Opening Balance member prior to consolidation. If Entity currency and Parent currency Closing Balance data does not exist in the prior period, then the Ending Rate for the prior period is used.Opening balance is calculated from the prior period’s Closing Balance.Reference:https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/built_in_calculations.htmlQUESTION 70Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)  FCCS_Amount_Override  FCCS_Rate Override  FCCS_Contribution  FCCS_Proportion  FCCS_Elimination  FCCS_Translation QUESTION 71Which statement is FALSE when enabling a Multi-GAAP application?  Two custom dimensions are available after enabling Multi-GAAP.  The Multi-GAAP dimension is optional.  The system automatically creates an FCCS_IFRS member.  Additional GAAP adjustment can be created. QUESTION 72For whichthree dimensions is security enabled by default?  Data Source  Entity  Consolidation  Scenario  Account By default, the Account, Entity, Scenario, and Data Source dimensions.QUESTION 73Which statement is correct regarding intercompany eliminations?  Intercompany eliminations are generally required to remove the effect of transactions within the company.  Intercompany eliminations are required for sustainability reporting to show the company’s waste output.  Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.  Intercompany eliminations are needed when a company divests itself of a division. QUESTION 74What willFinancial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?  This setting does not affect aggregation to the parent.  You cannot load data to this account.  Add amounts aggregated to the parent.  Subtract amounts aggregated to the parent. Reference:aggregation_consolidation_operator.htmlQUESTION 75Audit is enabled by default for which task categories?  Data only  All task categories  No task categories  Metadata Administration and Security QUESTION 76Which two statements are true regarding the Copy Data function?  You can copy data for historical rate and amount overrides.  You cannot select which Account members to copy.  You can select which Consolidation dimension member to copy.  When you select the Regular Data option, journals data is included. You can copy these types of data:Regular Data (including journals)Override Data – rates and amounts entered on the Override Rates form for historical rate override accountsQUESTION 77Which four items are active components of the Currency dimension? (Choose four.)  Entity Currency Adjustments  Reporting Currencies  Input Currencies  Translated Currencies  Entity Currency  Parent Currency You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.QUESTION 78Which statementis FALSE when Intercompany Data is enabled?  The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.  Tracking intercompany eliminations is optional.  In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.  Intercompany accounts are assigned plug accounts. Elimination data applies to all children, including children with a different Domicile than the Parent, a blended rate is entered at the Parent Entity’s domicile. If you want to disable the elimination global rules, do not enter rates at the Parent entity.Reference:admin_tax_automation_intercompany_eliminations_100x084ae29f.htmlQUESTION 79If the Alias of an Entity that marked as “Is Intercompany” and is later changed, what happens to the corresponding Intercompany member Alias?  The Intercompany Alias is set to the Entity Name.  The Intercompany Alias is automatically changed to the new Entity Alias.  The Intercompany Alias is not automatically changed to the new Entity Alias.  The Intercompany Alias is automatically set to the Intercompany Name. QUESTION 80When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?  Chart  Grid  Image  Header Report objects include:* Grids* TextQUESTION 81In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?  Movement of FX impact for historical rate accounts to the FCCS_CTA account  A variance in the Average rate and the Ending rate  The current FCCS_CTA account balance does not change from the prior period  The account is FCCS_Net Income QUESTION 82Which twoare required fields when registering a source system in Data Management?  Source System Type  Cloud Type  Drill Through URL  Name Reference:registering_file-based_source_systems.htmlQUESTION 83What member of the Currency dimension should be used during data entry for historical override amounts?  Parent Currency  Input Currencies  Reporting Currencies  Entity Currency QUESTION 84What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?  The data export format / file extension is always extracted in a XLS file format.  The data export format / file extension is always extracted in a ZIP file format.  The data export format / file extension is always extracted in a DAT file format.  The data export format / file extension is always extracted in a CSV file format. D18912E1457D5D1DDCBD40AB3BF70D5DThe system creates an export file for each artifact (.csv). Loading … 100% Reliable Microsoft 1z0-1081-22 Exam Dumps Test Pdf Exam Material: https://www.examslabs.com/Oracle/Oracle-Financial-Consolidation-and-Close-Cloud-Service/best-1z0-1081-22-exam-dumps.html --------------------------------------------------- Images: https://blog.examslabs.com/wp-content/plugins/watu/loading.gif https://blog.examslabs.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-05-05 16:08:14 Post date GMT: 2023-05-05 16:08:14 Post modified date: 2023-05-05 16:08:14 Post modified date GMT: 2023-05-05 16:08:14