Free Oracle 1Z0-1081 Exam Questions (page: 3)

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

  1. Account
  2. From Currency
  3. Entity
  4. Currency

Answer(s): B



Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

  1. Ensure security of sensitive data.
  2. Integrate with source systems.
  3. Provide predictive analysis and modeling.
  4. Provide a strong compliance framework that includes auditing and segregation of duties.

Answer(s): A,B,D



Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

  1. The Cash Change hierarchy cannot be modified.
  2. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
  3. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
  4. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
  5. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
  6. Siblings can be added to the FCCS_CashFlow_Investing member.

Answer(s): C,D,E,F



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

  1. enables the Elimination member in the Consolidation dimension
  2. process will separate total elimination values by Data Source.
  3. enables the application to include Intercompany data.
  4. enables the application to perform Intercompany eliminations

Answer(s): B






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