Online Access Free Oracle.1Z0-1081-21.v2022-10-20.q76 Practice Test (Page 9)

1Z0-1081-21 Exam Question 36

When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.
Which statement is true?

A.An extra custom dimension will beavailable.

B.The FCCS_No Intercompany member of the ICP dimension will be used for all data.

C.Data can be stored by intercompany partner but no eliminations will occur.

D.The ICP dimension will be omitted.

1Z0-1081-21 Exam Question 37

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

A.to allocate data to base entities prior to consolidation

B.to add a column with a calculation to a report

C.to perform a custom currency translation for a subset of accounts

D.to copy data from one scenario to a different scenario

1Z0-1081-21 Exam Question 38

When enabling Multi-GAAP during application creation, which additional option is available?

A.Include Supplemental Data

B.Automatically calculate adjustment

C.Allow adjustments for IFRS

D.Track Multi-Source Data Input

1Z0-1081-21 Exam Question 39

For yourbusiness process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?

A.Click FinalCalculations on the Consolidation Process page and add a Configurable Calculation rule in Calculation Manager.

B.Click Configurable Consolidation on the Consolidation Process page and create a Configurable Consolidation rule-set.

C.Edit the numbers usinga web form or Smart View after consolidating.

D.Create an on-demand rule in Calculation Manager that you run after consolidation.

1Z0-1081-21 Exam Question 40

How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
Response:

A.Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.

B.During application creation, select the Multicurrency option of "Yes".

C.Enable a dimension for Currency after application creation via a Metadata load.

D.During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.

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