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Free 1z0-1081-22 dumps Q&As – 2023
QUESTION 1
You are required to define a form that displays all form data for only specific View dimension members 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
Correct Answer: D
QUESTION 2
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
A. by selecting Application, then Overview, then Dimensions, and then Export
B. by selecting Dimension, then Import, and then Metadata
C. by selecting Application, then Overview, then Dimensions, and then Import
D. by selecting Tasks, then Metadata, and then Import
Correct Answer: C
QUESTION 3
Which explains why the Currency dimension does NOT display in your application?
A. Security access to the Multi-GAAP dimension is required
B. Multi-Currency option was not selected at application creation
C. Entity-specific security rights were not properly granted
D. Security has not been granted
Correct Answer: B
QUESTION 4
Which is the true behavior of default FCCS_ members within an application?
A. You can change the default FCCS_ member prefix at application creation.
B. You can change the Alias of these default FCCS_ members at any time.
C. You can change the Name of these default FCCS_ members at any time.
D. You cannot change the Alias of these default FCCS_ members.
Correct Answer: C
QUESTION 5
Which four sample ratios can be created during the application creation process? (Choose four.)
A. Inventory Ratios
B. Contribution Margin
C. Debt Ratio
D. Earnings per Share
E. Days Sales in Receivables
F. Gross Margin
Correct Answer: ACEF
QUESTION 6
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose
three.)
A. Submit data
B. Adjust data with Journals
C. Retrieve data
D. Run a rule such as Consolidate or Translate
Correct Answer: ACD
QUESTION 7
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
A. Input Currency
B. Reporting Currency
C. Entity Currency
D. Parent Currency
Correct Answer: B
Currency (Must be a Reporting Currency)
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/usfcc/
setting_up_intercompany_matching_reports.html
QUESTION 8
What information is included in the data extract export file delimited format?
A. the ID of the user performing the extract
B. the domain and application name
C. the data load cube name
D. the application name
Correct Answer: A
QUESTION 9
Which three are seeded data forms created during business process creation?
A. Exchange Rate Multi-period
B. Override Rates
C. Shares Outstanding
D. Data Status
E. Headcount
Correct Answer: ABD
QUESTION 10
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
A. DAT file type
B. Excel XLS file type
C. Comma-delimited
D. Tab-delimited
Correct Answer: CD
QUESTION 11
A company would like to capture Fixed Asset additions and disposals within the Movement dimension. Which three
tasks are necessary to achieve this goal?
A. Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
B. Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
C. Load detailed Fixed Asset data to Movement members.
D. Add custom Movement members to the FCCS_CashFlow hierarchy.
E. Create a Roll Forward in the account dimension.
Correct Answer: CDE
QUESTION 12
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and
scalable consolidation solution?
A. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B. calculations, dashboards, and reports to provide analysis for cash flow modeling
C. calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
D. calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
Correct Answer: C
QUESTION 13
Which financial close-related component is NOT a part of the Financial Consolidation and Close Cloud integrated
product suite?
A. Process Management
B. Account Reconciliation Management
C. Data Management
D. Supplemental Data Management
E. Financial Close Management
Correct Answer: B
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