1Z0-1081-22 Exam Questions & Answers

Exam Code: 1Z0-1081-22

Exam Name: Oracle Financial Consolidation and Close 2022 Implementation Professional

Updated: May 11, 2024

Q&As: 116

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Practice These Free Questions and Answers to Pass the Oracle Financial Consolidation and Close Cloud Service Exam

Questions 1

You are required to define a form that displays all form data for only specific View dimension member and

not allow users to change this.

Where on the form do you define the View dimension and select the correct member?

A. a column

B. Other Options section

C. the Page Axis

D. the Point of View

Show Answer
Questions 2

What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

A. enables the Elimination member in the Consolidation dimension

B. process will separate total elimination values by Data Source.

C. enables the application to include Intercompany data.

D. enables the application to perform Intercompany eliminations

Show Answer
Questions 3

For which three levels can Profiles be set in Data Management?

A. Category

B. Source System

C. System

D. User

E. Application

Show Answer
Questions 4

Which statement is FALSE when Intercompany Data is enabled?

A. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.

B. Tracking intercompany eliminations is optional.

C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

D. Intercompany accounts are assigned plug accounts.

Show Answer
Questions 5

The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting. To define a Close Manager task template to monitor all seven days, which day range should you define?

A. Day -3 to Day 4

B. Day -3 to Day 3

C. Day 1 to Day 7

D. Day -2 to Day 4

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