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1Z0-1081-24 Actual Test & 1Z0-1081-24 Dumps Torrent & 1Z0-1081-24 Actual QuestionsIt is well known that even the best people fail sometimes, not to mention the ordinary people. In face of the Oracle 1Z0-1081-24 exam, everyone stands on the same starting line, and those who are not excellent enough must do more. If you happen to be one of them, our Oracle Financial Consolidation and Close 2024 Implementation Professional 1Z0-1081-24 Learning Materials will greatly reduce your burden and improve your possibility of passing the exam. Our advantages of time-saving and efficient can make you no longer be afraid of the 1Z0-1081-24 exam. Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q29-Q34):NEW QUESTION # 29
Which statement
is false regarding establishing security for Financial Consolidation and Close?
A. All members are accessible for dimensions with no security applied.
B. Security is mandatory for one dimension.
C. Security can be disabled for any dimension.
D. Security can be assigned at a prevent level.
E. The Identity Domain Administrator inherits full access privileges.
Answer: A
Explanation:
The Identity Domain Administrator is not a functional role; it does not inherit access privileges granted through functional roles. To access service features, the Identity Domain Administrator must be granted one of the four functional roles in Tax Reporting.
admin_security_predefined_roles_112x5e7954a4.html
NEW QUESTION # 30
For which three levels can Profiles be set in Data Management?
A. Category
B. System
C. Application
D. Source System
E. User
Answer: B,C,E
NEW QUESTION # 31
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
A. System Administrator
B. Metadata Supervisor
C. Power User
D. Metadata Administrator
Answer: D
Explanation:
Service Administrators have Write access to all dimension members and to all forms.
NEW QUESTION # 32
Which statement is FALSE about running consolidations?
A. When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
B. When you consolidate a parent, children with the Impacted calculation status are also consolidated.
C. Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
D. When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.
Answer: A
Explanation:
The statement that is false about running consolidations is: When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated. This is false because running consolidation for a child entity only affects the child entity and its descendants, not the parent entity or its siblings. The parent entity will only be re-consolidated if it has the Impacted calculation status or if you use the Force Consolidate option. The other statements are true about running consolidations.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 29; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 5-7.
NEW QUESTION # 33
For which scenario would an On-Demand rule be an appropriate solution?
A. To perform a custom currency translation for a subset of accounts
B. To allocate data to base entities prior to consolidation
C. To import data into a form or Smart View worksheet
D. To add a column with a calculation to a report
Answer: A
Explanation:
Performing a custom currency translation for a subset of accounts is a scenario where an On-Demand rule would be an appropriate solution. An On-Demand rule is a type of business rule that can be executed manually by users on forms or Smart View worksheets. An On-Demand rule can perform calculations or transformations on selected data cells without affecting other data cells. For example, an On-Demand rule can be used to translate data from local currency to reporting currency using a different exchange rate than the default one for a subset of accounts.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 61-62; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-1.
NEW QUESTION # 34
......
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