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2026 Accurate Oracle Exam 1Z0-1081-24 Questions Pdf
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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q116-Q121):NEW QUESTION # 116
When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?
- A. create Member Formulas
- B. Member Formulas cannot be created
- C. load data to this account
- D. load data to this account and make member formulas
Answer: A,D
NEW QUESTION # 117
In Data Integration integrations, which two attributes are linked to the location selected for the integration? (Choose two.)
- A. Target application
- B. Data tile name
- C. Scenario
- D. Member mappings
Answer: A,D
Explanation:
In Data Integration integrations, the two attributes that are linked to the location selected for the integration are:
Target application: This is the application where the data will be loaded to. You can select only one target application per location.
Member mappings: These are the rules that map the source data members to the target application members. You can create or edit member mappings for each location.
The other options are not linked to the location. The scenario is selected in the Execute Integration dialog box, and the data file name is specified in the Workbench.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 41; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 9-4.
NEW QUESTION # 118
Which four sample ratios can be created during the application creation process? (Choose four.)
- A. Earnings per Share
- B. Inventory Ratios
- C. Days Sales in Receivables
- D. Contribution Margin
- E. Debt Ratio
- F. Gross Margin
Answer: B,C,E,F
NEW QUESTION # 119
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
- A. Input Currency
- B. Entity Currency
- C. Parent Currency
- D. Reporting Currency
Answer: D
Explanation:
Currency (Must be a Reporting Currency)
setting_up_intercompany_matching_reports.html
NEW QUESTION # 120
Which statement
is FALSE when Intercompany Data is enabled?
- A. Tracking intercompany eliminations is optional.
- B. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
- C. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.
- D. Intercompany accounts are assigned plug accounts.
Answer: B
Explanation:
Elimination data applies to all children, including children with a different Domicile than the Parent, a blendedrate is entered at the Parent Entity's domicile. If you want to disable the elimination global rules, do not enterrates at the Parent entity.
admin_tax_automation_intercompany_eliminations_100x084ae29f.html
NEW QUESTION # 121
......
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