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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

A) PQR
B) No elimination is performed, because H 1 and P 1 do not have the same parent.
C) H 1 and P 2
D) Hickory and Paducah

2. Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

A) Scenario
B) Period
C) Entity
D) Year
E) Account

3. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A) Scenario
B) Period
C) Entity
D) Year
E) Consolidation
F) Data Source

4. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

A) the first and third Friday of each month; first Friday for TEST and third Friday for PROD
B) the first and third Monday of each month; first Monday for TEST and third Monday for PROD
C) the third Friday of each month to apply to both TEST and PROD simultaneously
D) the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD

5. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Chart
B) Footer
C) Grid
D) Header

Solutions: