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Oracle 1z0-1081-22 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1081-22
Exam Name:
Oracle Financial Consolidation and Close 2022 Implementation Professional
Vendor:
Questions:
116
Last Updated:
Dec 21, 2024
Exam Status:
Stable
Oracle 1z0-1081-22

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Oracle Financial Consolidation and Close 2022 Implementation Professional Questions and Answers

Question 1

Which statement about the Equity Pickup feature is FALSE?

Options:

A.

Seeded rule-sets are provided for Equity Pickup.

B.

Equity Pickup rules run as part of the consolidation process.

C.

Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.

D.

Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.

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Question 2

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?

Options:

A.

A rate was entered into the FCCS_Rate Override account.

B.

An ownershippercentage 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.

Question 3

Changes in the balance of Accounts Payable are captured on a company’s Cash Flow Report.

Which two dimension members must be built into the row of the company’s Cash Flow to report the impact of Accounts Payable? (Choose two.)

Options:

A.

FCCS_Accounts Payable account member

B.

FCCS_CashFlow_Operating movement member

C.

FCCS_CashFlow_Accounts Payable account member

D.

FCCS_Total Balance Sheet – Cash and NonCash account member

E.

FCCS_CashChange movement member