Free Oracle 1z0-1081-22 Exam Dumps Questions & Answers

How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?

• A.Enable a dimension for Currency after application creation via a Metadata load.
• B.During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.
• C.Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
• D.During application creation, select the Multicurrency option of "Yes".

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

• A.Expanded vs. single data segments
• B.Report performance
• C.Suppress missing blocks
• D.Designing dynamic reports

Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?

• A.4-4-4-4
• B.3-3-3-3
• C.3-3-3-4
• D.4-4-4-5

In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?

• A.when the tasks require consistent definition across close schedules
• B.when the tasks are often late in completion and they need to be monitored more closely
• C.when the tasks require multiple levels of approvers
• D.when the tasks are repeatable over multiple close cycles

You are
required to create a form that allows users to input dat
a. Which three actions are consistent with this?

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