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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

Which statement is FALSE about Task Manager schedules?

A. To start all the tasks in a schedule, you must change the status from Pending to Open.
B. Users can still complete tasks in a schedule that has been closed.
C. You can still add tasks to a schedule that has been closed.
D. You can re-open a schedule that has been locked.

Question 2

For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

A. All parent members in the Account dimension must have a Solve Order value of 58.
B. The View dimension stores only periodic data.
C. You cannot add member formulas to members of the Movement dimension.
D. Account is a Sparse dimension.

Question 3

Which statement about Opening Balance Override rules is true?

A. You can select which entities to include in the rule scope.
B. Opening Balance Override rules execute for the first period in the year only.
C. They are available only if Intercompany Data with Tracking is enabled for the business process.
D. You can select which accounts to include in the rule scope.

Question 4

For which scenario would an On-Demand rule be an appropriate solution?

A. To add a column with a calculation to a report
B. To import data into a form or Smart View worksheet
C. To perform a custom currency translation for a subset of accounts
D. To allocate data to base entities prior to consolidation

Question 5

Which four sample ratios can be selected during business process creation? (Choose four.)

A. Contribution Margin
B. Earnings per Share
C. Gross Margin
D. Days Sales in Receivables
E. Debt Ratio
F. Inventory Ratios

Solutions: