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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. 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 require multiple levels of approvers
B) when the tasks are often late in completion and they need to be monitored more closely
C) when the tasks are repeatable over multiple close cycles
D) when the tasks require consistent definition across close schedules

2. What is
the function of Source Mapping in Data Management?

A) Manage source periods in relation to global periods.
B) Map local dimension members to the application dimension members.
C) Defined the input currency for each data source supplying data to the application.
D) Define the close calendar periods.

3. Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?

A) P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
B) P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C) P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D) P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.

4. When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)

A) Data Management
B) Supplemental Data
C) ERP Cloud
D) ERP r12

5. In Data Integration, for what purpose do you use Workbench?

A) To configure data load options
B) To define dimension mapping
C) To review mapping of source to target members
D) To edit the data load file format

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