Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Integration and Reporting | 22% | - Reporting and analysis
|
| Topic 2: Application Setup and Configuration | 28% | - Application creation and configuration
|
| Topic 3: Financial Close Management | 24% | - Close process setup
|
| Topic 4: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which four items are included in the Currency dimension? (Choose four.)
- A. Parent Currency
- B. Input Currencies
- C. Reporting Currencies
- D. Default Currency
- E. Entity Currency
- F. Journal Input Currencies
Correct Answer: B,C,E,F 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
- A. Create an on-demand rule in Calculation Manager that you run after consolidation.
- B. Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
- C. Click Configurable Consolidation on the Consolidation Process page and create a Configurable
- D. Edit the numbers using a web form or Smart View after consolidating.
Correct Answer: C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
You are
required to create a form that allows users to input dat
a. Which three actions are consistent with this?
- A. Select level 0 dimension members for the POV, rows, and columns.
- B. Set the consolidation member on the form to FCCS_Entity Input.
- C. Set the currency on the form to Parent Currency.
- D. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
- E. Grant the data input users WRITE access to the dimension members used on the form.
Correct Answer: A,B,E 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?
- A. Header
- B. Chart
- C. Grid
- D. Image
Correct Answer: B,C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
- A. The script will not work since Data Management does not support scripting.
- B. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
- C. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
- D. The script will not work since the UD5 member referenced does not start with FCCS_
- E. The script will work if the script is referenced in the In mapping type with #SQL as the target.
Correct Answer: E 🗳️
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