118 Exam Questions for 1Z0-1081-20 Updated Versions With Test Engine
Pass 1Z0-1081-20 Exam with Updated 1Z0-1081-20 Exam Dumps PDF 2022
NEW QUESTION 10
What information is included in the data extract export file delimited format?
- A. the data load cube name
- B. the domain and application name
- C. the ID of the user performing the extract
- D. the application name
Answer: D
NEW QUESTION 11
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 12
Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company thatconsolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?
- A. A translation of Company XYZ to Parent Currency
- B. A consolidation of Company XYZ
- C. A translation of Company IOU
- D. A translation to the USD_Reporting currency member for Company IOU
- E. A consolidation of Company 123
Answer: A
NEW QUESTION 13
Which statement is false regarding establishing security for Financial Consolidation and Close?
- A. Security can be assigned at a prevent level.
- B. All members are accessible for dimensions with no security applied.
- C. The Identity Domain Administrator inherits full access privileges.
- D. Security is mandatory for one dimension.
- E. Security can be disabled for any dimension.
Answer: B
Explanation:
The Identity Domain Administrator is not a functional role; it does not inherit access privileges granted through functional roles. To access service features, the Identity Domain Administrator must be granted one of the four functional roles in Tax Reporting.
Reference:
admin_security_predefined_roles_112x5e7954a4.html
NEW QUESTION 14
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)
- A. FCCS_Intercompany Eliminations
- B. FCCS_PCON
- C. FCCS_No Data Source
- D. FCCS_Journal Input
Answer: A,D
Explanation:
Optional - Only if selected during application creation.
Reference: https://www.bisptrainings.com/pdf/pdf_docs/OracleFCCSGettingStartedGuideII-20191116111928.pdf
NEW QUESTION 15
Whichthree tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel?
(Choose three.)
- A. Retrieve data
- B. Adjust data with Journals
- C. Submit data
- D. Run a rule such as Consolidate or Translate
Answer: A,C,D
NEW QUESTION 16
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
- A. Add custom members for Additions and Disposals asdependents of
FCCS_Mvmts_CapitalExpenditures. - B. Add custom Movement members to the FCCS_CashFlow hierarchy.
- C. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
- D. Create a Roll Forward in the account dimension.
- E. Load detailed Fixed Asset data to Movement members.
Answer: A,C,E
NEW QUESTION 17
Which statement is FALSE when enabling a Multi-GAAP application?
- A. Two custom dimensions are available after enabling Multi-GAAP.
- B. The Multi-GAAP dimension is optional.
- C. The system automatically creates an FCCS_IFRS member.
- D. Additional GAAP adjustment can be created.
Answer: A
NEW QUESTION 18
How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
- A. Enable a dimension for Currency after application creation via a Metadata load.
- B. During application creation, select the Multicurrency option of "No" and insert additionalcurrencies within the Currency dimension.
- C. During application creation, select the Multicurrency option of "Yes".
- D. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
Answer: A
NEW QUESTION 19
In the Movement dimension, for which two can you modify the default translation calculation?
- A. Base-level members under FCCS_Mvmts Subtotal
- B. Opening Balance
- C. Closing Balance
- D. Opening Balance Input
Answer: A,B
Explanation:
Reference:
http://www.allreadable.com/3128VWfe
NEW QUESTION 20
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. 4-4-4-5
- B. 3-3-3-3
- C. 3-3-3-4
- D. 4-4-4-4
Answer: C
NEW QUESTION 21
Which of the following is allowed for accounts with the data storage type of "Dynamic Calc"?
- A. Enter data through a data form
- B. Load data to this account and create member formulas.
- C. Create member formulas.
- D. Load data to this account.
Answer: B
NEW QUESTION 22
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 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. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
- D. pre-built integrations to combine narrative and data toproduce both internal and external reporting packages
Answer: A
NEW QUESTION 23
What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?
- A. FCCS_Entity Total
- B. FCCS_Contribution
- C. FCCS_Entity Consolidation
- D. FCCS_Parent Currency
Answer: B
NEW QUESTION 24
You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?
- A. Other Options section
- B. the Page Axis
- C. the Point of View
- D. a column
Answer: C
NEW QUESTION 25
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?
- A. Chart
- B. Image
- C. Grid
- D. Header
Explanation/Reference:
Report objects include:
* Grids
* Text
Answer: A,C
Explanation:
Reference:
3559E92E-0EC6-42F8-BB48-97875171067E.pdf
NEW QUESTION 26
What will Financial Consolidation and Close (FCCS) do whenadding a new member that is an expense type account under a parent that is set as an income type account?
- A. you can't load data to this account
- B. add amounts consolidated to the parent
- C. this setting will not affect additions or subtractions to the next parent
- D. subtract amounts consolidated to the parent
Answer: D
NEW QUESTION 27
When defining a batch in Data Management, which statement is True?
- A. A batch replaces the need for data load rules.
- B. A batch can load to multiple plan types.
- C. Each data load rule must specify the period or the batch willdefault to the POV period.
- D. Batches can import from source or export to target, but not both.
- E. Batches can execute data loads for multiple locations.
Answer: A
NEW QUESTION 28
For which three levels can Profiles be set in Data Management?
- A. System
- B. User
- C. Source System
- D. Category
- E. Application
Answer: A,B,E
NEW QUESTION 29
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. System Administrator
- B. Metadata Supervisor
- C. Power User
- D. Metadata Administrator
Answer: D
NEW QUESTION 30
For which three tasks can Data Management be used? (Choose three.)
- A. loading data that is period-to-date or year-to-date
- B. writing back data to source systems
- C. loading a Metadata Import File
- D. loading data from a fixed width or delimited text file
- E. drilling through from a web form or Smart View
Answer: B,D,E
Explanation:
fixed width file or a delimited file,
In Data Management, write-back functionality is available.
Reference:
integrate_file_104xd8fa487f.html
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/write-back.html
https://docs.oracle.com/applications/smartview/810/UGSUG/drill_through_procedure_102xd6eca4c6.htm#UGSUG-GUID-C221538B-5352-4742-A1A1-18F16CE4D099
NEW QUESTION 31 
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. First common parent
- C. Lowest common denominator
- D. Generation 0
Answer: B
NEW QUESTION 32
Which statement accurately describes alternate hierarchies?
- A. Contribution to parent members are similar
- B. Single entities having multiple parents
- C. Parent members having the same currency
- D. Data must be enteredmultiple times for shared members
Answer: B
NEW QUESTION 33
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?
- A. Is Plug Account
- B. Intercompany Entity
- C. Plug Account
- D. Intercompany Account
Answer: A
NEW QUESTION 34
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