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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. What action requires refreshing the database?

A) You deploy a new Configurable Calculation rule in Calculation Manager.
B) You edit the alias for a member in the Entity dimension.
C) You change the ownership percentage for an entity.
D) You edit the Consolidation Operator for a member in the Account dimension.

2. When do you enable submission phases for your approval process?

A) When you set up the approval unit hierarchy
B) When you assign the approval unit hierarchy to a scenario, period, and year
C) When you set the member properties for the entity
D) When you start the approval process for an approval unit on the Manage Approvals page

3. Which statement is FALSE regarding establishing security for Financial Consolidation and Close?

A) Security can be disabled for any dimension.
B) The Identity Domain Administrator inherits full access privileges.
C) Security can be assigned at a parent level.
D) Security is mandatory for one dimension.
E) All members are accessible for dimensions with no security applied.

4. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A) Period and Year
B) Period
C) Period, Year, and View
D) View

5. Which four items are included in the Currency dimension? (Choose four.)

A) Parent Currency
B) Entity Currency
C) Default Currency
D) Input Currencies
E) Journal Input Currencies
F) Reporting Currencies

Solutions: