1Z0-1081-20 Free Update With 100% Exam Passing Guarantee [2021]
[Oct-2021] Verified Oracle Exam Dumps with 1Z0-1081-20 Exam Study Guide
NEW QUESTION 34
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. Metadata Supervisor
- B. Power User
- C. Metadata Administrator
- D. System Administrator
Answer: C
NEW QUESTION 35
To show theIntercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
- A. Intercompany Plug Accounts
- B. Elimination Consolidation Dimension member
- C. Intercompany Accounts
- D. Intercompany Partners
Answer: D
NEW QUESTION 36
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
- A. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
- B. pre-built integrations to combine narrative and data toproduce both internal and external reporting packages
- C. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
- D. calculations, dashboards and reports to provide analysis for cash flow modeling
Answer: D
NEW QUESTION 37
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
- A. FCCS_No Data Source
- B. FCCS_Proportion
- C. FCCS_Data Input
- D. FCCS_SystemTypes
Answer: B
NEW QUESTION 38 
PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?
- A. First order relation
- B. Generation 0
- C. First common parent
- D. Lowest common denominator
Answer: C
NEW QUESTION 39
Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?
- A. 4-4-4-4
- B. 3-3-3-4
- C. 3-3-3-3
- D. 4-4-4-5
Answer: B
NEW QUESTION 40
You are required to create a form to allow users to input dat
a. Which three actions or form components selected should accomplish this?
- A. Give data input users WRITE access to form dimension members
- B. Set access rights for data input users to the form
- C. Level 0 dimension members on POV, rows and columns
- D. Set the currency on the form to the reporting currency member USD_Reporting
Answer: A,B,C
NEW QUESTION 41
Which dimension includes the FCCS_Global Assumption member that is used to store currency information?
- A. Account
- B. Currency
- C. FromCurrency
- D. Entity
Answer: C
NEW QUESTION 42
A company is based in the United Kingdom and has an application currency set to GBP. The companycollects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
- A. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
- B. USD must be created as a reporting currency.
- C. The subsidiary must have a balance not equal to zero in Common Stock.
- D. Common Stock must have a Data Storage property set to Never Share.
- E. The subsidiary must have a parent entity with a GBP currency.
Answer: C,E
NEW QUESTION 43
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
- A. Entity Currency
- B. Local Currency
- C. Base Currency
- D. Parent Currency
Answer: A
Explanation:
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 44
Which two are required fields when registering a source system in Data Management?
- A. Drill Through URL
- B. Name
- C. Cloud Type
- D. Source System Type
Answer: A,B
Explanation:
Reference:
registering_file-based_source_systems.html
NEW QUESTION 45
Whendesigning a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?
- A. Report performance
- B. Expanded vs. single data segments
- C. Designing dynamic reports
- D. Suppress missing blocks
Answer: D
NEW QUESTION 46
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
- A. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
- B. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
- C. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
- D. calculations, dashboards and reports to provide analysis for cash flow modeling
Answer: B
NEW QUESTION 47
When setting an account property to a data storage type of "Dynamic Calc" which two areallowed?
- A. load data to this account
- B. create Member Formulas
- C. load data to this account and make member formulas
- D. Member Formulas cannot be created
Answer: B,C
NEW QUESTION 48
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.
Which statement is true?
- A. An extra custom dimension will be available.
- B. Data can be stored by intercompany partner but no eliminations will occur.
- C. The ICP dimension will be omitted.
- D. The FCCS_No Intercompany member of the ICP dimension will be used for all data.
Answer: C
NEW QUESTION 49
What information is included in the data extract export file delimited format?
- A. the application name
- B. the ID of the user performing the extract
- C. the domain and application name
- D. the data load cube name
Answer: B
NEW QUESTION 50
Whichstatement is FALSE when setting up Shared Entities?
- A. The calculation status will not change in all instances when data is changed in one instance.
- B. The Data Storage Member Property must set to "Dynamic Calc".
- C. You build an alternate hierarchy by using partial share Entity members.
- D. When data is posted to one shared entity, the data is posted to all instances.
Answer: B
NEW QUESTION 51
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