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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A. Selecting a shared member for a rule does not include its primary instance.
B. If a shared member is selected for a rule, the primary instance of the member is selected as well.
C. Selecting the primary instance of a member does not include shared members.
D. If the primary instance of the member is selected for a rule, all shared members for the instances are included.

Question 2

Which four sample ratios can be selected during business process creation? (Choose four.)

A. Days Sales in Receivables
B. Contribution Margin
C. Debt Ratio
D. Inventory Ratios
E. Earnings per Share
F. Gross Margin

Question 3

Which customization can you perform on the Navigation Flows page?

A. Set a default POV by user group.
B. Select a data form to display at start up based on user group.
C. Select a color scheme.
D. Add or Hide cards.

Question 4

You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A. Grant the data input users Write access to the dimension members used on the form.
B. Select level 0 dimension members for POV\ rows, and columns. www*'
C. Set the currency on the form to Parent Currency.
D. In the member selection for Entity, do not include shared entities; include only primary instances of entities.
E. Set the consolidation member on the form to FCCS Entity Input.

Question 5

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

Solutions: