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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Integration and Reporting | 22% | - Data loading and integration
|
| Financial Close Management | 24% | - Close process setup
|
| Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
| Application Setup and Configuration | 28% | - Application creation and configuration
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Financial Consolidation
and Close maintains calculation status for which four dimensions?
- A. Consolidation
- B. Year
- C. Scenario
- D. Period
- E. Entity
- F. Data Source
Correct Answer: A,C,D,E 🗳️
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Which statement about Opening Balance Override rules is true?
- A. You can select which entities to include in the rule scope.
- B. They are available only if Intercompany Data with Tracking is enabled for the business process.
- C. Opening Balance Override rules execute for the first period in the year only.
- D. You can select which accounts to include in the rule scope.
Correct Answer: D 🗳️
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What is the result of enabling the Calculate Movements system rule?
- A. Closing Balance is aggregated from Opening Balance and the current period's movement value.
- B. Level 0 movement members become read only in web forms, and must be populated through data load.
- C. To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
- D. The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
Correct Answer: A 🗳️
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Audit is enabled by default for which task categories?
- A. No task categories
- B. Metadata Administration and Security
- C. All task categories
- D. Data only
Correct Answer: D 🗳️
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. System Changed (SC)
- B. Need Translate
- C. Impacted
- D. OK
Correct Answer: A 🗳️
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