Printable PDFOracle 1Z0-1081-20 dumps - 100% Pass Guarantee!
Vendor: Oracle
Certifications: Oracle Certifications
Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials
Exam Code: 1Z0-1081-20
Total Questions: 116 Q&As ( View Details)
Last Updated: Mar 15, 2025
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1Z0-1081-20 Q&A's Detail
| Exam Code: | 1Z0-1081-20 |
| Total Questions: | 116 |
| Single & Multiple Choice | 116 |
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1Z0-1081-20 Online Practice Questions and Answers
Which statement correctly describes when a consolidation can occur within a given year/scenario?
A. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
B. The current period consolidation status is Impacted and the remaining periods are OK.
C. A user has a power user access but only write access to the entity.
D. A user with power user access first locks the entity so that other users cannot consolidate the same entity.
E. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
A. The Intercompany Alias is set to the Entity Name.
B. The Intercompany Alias is automatically changed to the new Entity Alias.
C. The Intercompany Alias is not automatically changed to the new Entity Alias.
D. The Intercompany Alias is automatically set to the Intercompany Name.
What will Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?
A. This setting does not affect aggregation to the parent.
B. You cannot load data to this account.
C. Add amounts aggregated to the parent.
D. Subtract amounts aggregated to the parent.
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
A. Metadata Administrator
B. Metadata Supervisor
C. System Administrator
D. Power User
Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different than the data in the FCCS_Proportion member?
A. A rate was entered into the FCCS_Rate Override account.
B. An ownership percentage for the entity other than 100 was entered.
C. An intercompany elimination was performed.
D. The parent entity has a different currency than the child.
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