[2022] 1z0-1081-22 Answers 1z0-1081-22 Free Demo Are Based On The Real Exam
1z0-1081-22 [Oct-2022 Newly Released] Exam Questions For You To Pass
NEW QUESTION 29
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
- A. Parent Currency
- B. Entity Currency
- C. Base Currency
- D. Local Currency
Answer: B
Explanation:
FCCS currently allows Journal Input (Data Source dimension member) to Entity Input (Consolidation dimension member) in Entity Currency for parent entities. HFM allows Entity Currency Adjustments and Parent Currency Adjustments (Value dimension members) at parent entities.
NEW QUESTION 30
Which statement correctly describes when a consolidation can occur within a given year/scenario?
- A. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
- B. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
- C. A user with power user access first locks the entity so that other users cannot consolidate the same entity.
- D. A user has a power user access but only write access to the entity.
- E. The current period consolidation status is Impacted and the remaining periods are OK.
Answer: E
NEW QUESTION 31
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?
- A. Intercompany Account
- B. Plug Account
- C. Intercompany Entity
- D. Is Plug Account
Answer: D
NEW QUESTION 32
Which statement
is true of the default FCCS_ members within an application?
- A. You can change the Data Storage property.
- B. You can change the Alias.
- C. You can change the Name.
- D. You can change the default FCCS_ member prefix at application creation.
Answer: B
Explanation:
The member names of the seeded accounts cannot be changed, but the aliases can.
Reference:
3A1613856380969&ei=fH4xYLrqOoj4gQbWz7-oDw&q=default+FCCS_+members+within+an+application+can
+change+the+Alias&oq=default+FCCS_+members+within+an+application+can+change+the
+Alias&gs_lcp=Cgdnd3Mtd2l6EAM6BwgAEEcQsAM6BAgjECc6BwghEAoQoAE6BAghEBVQ97gEWOXABGD QwQRoAXACeACAAaECiAHlCpIBAzItNZgBAKABAaoBB2d3cy13aXrIAQjAAQE&sclient=gwswiz&ved=0ahUKEwi6mLnCs_nuAhUIfMAKHdbnD_UQ4dUDCA0&uact=5
NEW QUESTION 33
When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?
- A. 12-month, 13-month and a 14-month
- B. 12-month and 13-month
- C. Any number of months can be selected
- D. 12-month only
Answer: B
NEW QUESTION 34
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)
- A. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
- B. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
- C. The Cash Change hierarchy cannot be modified.
- D. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
- E. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
- F. Siblings can be added to the FCCS_CashFlow_Investing member.
Answer: A,D,E,F
NEW QUESTION 35
You need
a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
- A. Intercompany Report
- B. Journal Report
- C. Financial Report
- D. Consolidation Report
Answer: D
NEW QUESTION 36
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 automatically set to the Intercompany Name.
- B. The Intercompany Alias is not automatically changed to the new Entity Alias.
- C. The Intercompany Alias is automatically changed to the new Entity Alias.
- D. The Intercompany Alias is set to the Entity Name.
Answer: C
NEW QUESTION 37
Which explains why the Currency dimension does NOT display in your application?
- A. Multi-Currency option was not selected at application creation
- B. Security has not been granted
- C. Entity-specific security rights were not properly granted
- D. Security access to the Multi-GAAP dimension is required
Answer: A
NEW QUESTION 38
When defining a batch in Data Management, which statement is True?
- A. A batch replaces the need for data load rules.
- B. Batches can execute data loads for multiple locations.
- C. Each data load rule must specify the period or the batch will default to the POV period.
- D. Batches can import from source or export to target, but not both.
- E. A batch can load to multiple plan types.
Answer: B
NEW QUESTION 39
For which three tasks can Data Management be used? (Choose three.)
- A. drilling through from a web form or Smart View
- B. loading data that is period-to-date or year-to-date
- C. loading a Metadata Import File
- D. writing back data to source systems
- E. loading data from a fixed width or delimited text file
Answer: A,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 40
How can
the Intercompany dimension be enabled within your application?
- A. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.
- B. In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.
- C. During application creation, select the Intercompany Data option.
- D. In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.
Answer: B
Explanation:
Reference:
intercompany_property_for_entities.html
NEW QUESTION 41
Which two
are required fields when registering a source system in Data Management?
- A. Drill Through URL
- B. Cloud Type
- C. Name
- D. Source System Type
Answer: A,C
Explanation:
Reference:
registering_file-based_source_systems.html
NEW QUESTION 42
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 built on planning frameworks to provide cash flow planning
- B. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
- C. calculations, dashboards and reports to provide analysis for cash flow modeling
- D. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
Answer: D
NEW QUESTION 43
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?
- A. Entity, Currency, Account
- B. Entity, Consolidation, Currency
- C. Consolidation, Currency, Account
- D. Currency, Account, Movement
Answer: D
NEW QUESTION 44
Which statement
is false regarding establishing security for Financial Consolidation and Close?
- A. All members are accessible for dimensions with no security applied.
- B. Security can be assigned at a prevent level.
- C. Security can be disabled for any dimension.
- D. The Identity Domain Administrator inherits full access privileges.
- E. Security is mandatory for one dimension.
Answer: A
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 45
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