Online Access Free Oracle.1Z0-1081-20.v2021-11-04.q46 Practice Test (Page 8)

1Z0-1081-20 Exam Question 31

Once metadata is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?

A.Impacted

B.Need Translate

C.OK

D.System Changed (SC)

1Z0-1081-20 Exam Question 32

Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

A.Integrate with source systems.

B.Provide predictive analysis and modeling.

C.Ensure security of sensitive data.

D.Provide a strong compliance framework that includes auditing and segregation of duties.

1Z0-1081-20 Exam Question 33

Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

A.FCCS_Translation

B.FCCS_Rate Override

C.FCCS_Elimination

D.FCCS_Proportion

E.FCCS_Amount_Override

F.FCCS_Contribution

1Z0-1081-20 Exam Question 34

P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?

A.January and February should be consolidated.

B.February should be consolidated, after which the cash at AceCo is now 65.

C.There is no way to do a prior period entry like this.

D.January should be consolidated for the change and nothing needs to happen for February.

1Z0-1081-20 Exam Question 35

What is the correct Currency dimension member to select when running an Intercompany Matching Report?

A.Input Currency

B.Reporting Currency

C.Entity Currency

D.Parent Currency

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