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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?

A) Calculations, dashboards, and reports to provide analysis for cash flow modeling
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 built on planning frameworks to provide cash flow planning

2. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

A) FCCS Entity Total
B) FCCS Contribution
C) FCCS Entity Consolidation
D) FCCS Totallnput And Adisuted

3. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Header
B) Grid
C) Chart
D) Footer

4. Which statement correctly describes what happens to parent entities during consolidation?

A) Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities
B) The changes in the relational database are synced to the underlying Essbase cube.
C) For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.
D) Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

5. Where do you set the Intercompany Entities Aggregation option?

A) On the Properties page of the Intercompany dimension
B) In the Setup Wizard during business process creation
C) In the member properties of the Intercompany Top member
D) In the member properties of the Intercompany Entities member

Solutions: