Practice Examples and Dumps & Tips for 2022 Latest 1Z0-1081-20 Valid Tests Dumps
Latest [Jan 02, 2022] 100% Passing Guarantee - Brilliant 1Z0-1081-20 Exam Questions PDF
Oracle 1Z0-1081-20 Exam Syllabus Topics:
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NEW QUESTION 22
Audit is enabled by default for which task categories?
- A. Data only
- B. All task categories
- C. No task categories
- D. Metadata Administration and Security
Answer: A
NEW QUESTION 23
To show theIntercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
- A. Elimination Consolidation Dimension member
- B. Intercompany Plug Accounts
- C. Intercompany Accounts
- D. Intercompany Partners
Answer: D
NEW QUESTION 24
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
- A. Drill-back is available from any Multi-source dimensionmember by default, know the source of the origination data load.
- B. Drill-back to SDM is not an available feature.
- C. By selecting Track Multi-source Data Input option for Other Data duringthe application creation process.
- D. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
Answer: A
NEW QUESTION 25
Whichstatement is true regarding Data Management categories?
- A. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
- B. Application mapping is not required if the global mapping target category is exactly correct.
- C. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
- D. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
Answer: C
NEW QUESTION 26
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
- A. Local Currency
- B. Base Currency
- C. Parent Currency
- D. Entity Currency
Answer: D
Explanation:
FCCS currently allows Journal Input (Data Source dimension member) to Entity Input (Consolidation dimension member) in Entity Currency for parent entities. HFM allows Entity Currency Adjustments and Parent Currency Adjustments (Value dimension members) at parent entities.
NEW QUESTION 27
Which four sample ratios can be selected during business process creation?
- A. Inventory Ratios
- B. Contribution Margin
- C. Debt Ratio
- D. Days Sales in Receivables
- E. Gross Margin
- F. Earnings per Share
Answer: B,D,E,F
NEW QUESTION 28
Which item describes the use for the Currency dimension property Triangulation Currency?
- A. The ability to calculate CTA (Cumulative Translation Adjustment)
- B. The ability to calculate foreign exchange rates
- C. The ability to report in multiple currencies
- D. The ability to input foreign exchange rates
- E. The ability to force translations
Answer: B
NEW QUESTION 29
Which statement correctly describes what happens to parent entities during consolidation?
- A. The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
- B. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
- C. The changes in the relational database are synced to the underlying Essbase cube.
- D. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
Answer: B
NEW QUESTION 30
Which statement is true regarding shared members and valid intersection rules?
- A. Shared members are not supported in valid intersection rules
- B. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
- C. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
- D. Shared members are supported in valid intersection rules
Answer: A,B
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.
Reference:
admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
NEW QUESTION 31
Whendesigning 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. Suppress missing blocks
- C. Report performance
- D. Expanded vs. single data segments
Answer: B
NEW QUESTION 32
For which scenario would an On-Demand rule be an appropriate solution?
- A. to perform a custom currency translation for a subset of accounts
- B. to allocate data to base entities prior to consolidation
- C. to add a column with a calculation to a report
- D. to copy data from one scenario to a different scenario
Answer: D
Explanation:
Copy data from one scenario to another one.
NEW QUESTION 33
Which four items are active components of the Currency dimension? (Choose four.)
- A. Parent Currency
- B. Reporting Currencies
- C. Input Currencies
- D. Translated Currencies
- E. Entity Currency
- F. Entity Currency Adjustments
Answer: A,B,C,F
NEW QUESTION 34
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?
- A. The data export format / file extension is always extracted in a CSV file format.
- B. The data export format / file extension is always extracted in a XLS file format.
- C. The data export format / file extension is always extracted in a ZIP file format.
- D. The data export format / file extension is always extracted in a DAT file format.
Answer: A
Explanation:
The system creates an export file for each artifact (.csv).
NEW QUESTION 35
You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
- A. Financial Report
- B. Journal Report
- C. Consolidation Report
- D. Intercompany Report
Answer: C
NEW QUESTION 36
Which statement correctly describes what happens to parent entities duringconsolidation?
- A. The changes in the relational database are synced to theunderlying Essbase cube.
- B. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
- C. The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
- D. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
Answer: C
NEW QUESTION 37
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
- A. Reporting Currency
- B. Input Currency
- C. Parent Currency
- D. Entity Currency
Answer: A
Explanation:
Currency (Must be a Reporting Currency)
Reference:
setting_up_intercompany_matching_reports.html
NEW QUESTION 38
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
- A. when the tasks are often late in completion and they need to be monitored more closely
- B. when the tasks require multiple levels of approvers
- C. when the tasks are repeatable over multiple close cycles
- D. when the tasks require consistent definition across close schedules
Answer: C
Explanation:
A task template defines a repeatable set of tasks required for a business process. It is used as a basis for creating schedules.D18912E1457D5D1DDCBD40AB3BF70D5D Reference:
cm_templates_managing.html
NEW QUESTION 39
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