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[General] 1Z0-1081-24 valid study questions & 1Z0-1081-24 exam preparation & 1Z0-1

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【General】 1Z0-1081-24 valid study questions & 1Z0-1081-24 exam preparation & 1Z0-1

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q132-Q137):NEW QUESTION # 132
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 require multiple levels of approvers
  • C. when the tasks are often late in completion and they need to be monitored more closely
  • D. when the tasks are repeatable over multiple close cycles
Answer: D
Explanation:
A task template defines a repeatable set of tasks required for a business process. It is used as a basis for creating schedules.D18912E1457D5D1DDCBD40AB3BF70D5D cm_templates_managing.html

NEW QUESTION # 133
Which statement correctly describes the Consolidation dimension?
  • A. The dimension allows users to see input versus journal adjustment data.
  • B. The dimension uses a separate member to store data from an entity's descendants.
  • C. The dimension aggregates input, consolidated, and elimination data together.
  • D. The dimension contains members to store non-controlling interest and joint venture data.
Answer: A

NEW QUESTION # 134
When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)
  • A. Consolidation
  • B. Account
  • C. Movement
  • D. View
Answer: A,D
Explanation:
When using the Copy Data feature to copy data from one scenario, year, or period to another, member selection is not available for the Consolidation and View dimensions. These dimensions are automatically set to Entity Input and Periodic, respectively. Member selection is available for other dimensions, such as Movement, Account, etc., depending on the application settings and security access.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 55; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 7-13.

NEW QUESTION # 135
Which two statements are correct with regard to Data Management locations? (Choose two.)
  • A. A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
  • B. Data load rules can be shared across locations.
  • C. Locations must specify an import format, which may be used by other locations.
  • D. Locations can share dimension member mappings by specifying a location as a parent location of others.
  • E. Location security allows users to be provisioned in Shared Services for read or modify access to each location.
  • F. The logic account group is required in order to effect running of calculations after the data load.
Answer: C,D

NEW QUESTION # 136
Which statement is true of journals created from Recurring templates?
  • A. The initial status of journals created from Recurring templates is Posted.
  • B. The line items in journals created from Recurring templates are read only.
  • C. The initial status of journals created from Recurring templates is Approved.
  • D. Journals for recurring templates are created automatically when you open a period for journals.
Answer: D
Explanation:
Journals for recurring templates are created automatically when you open a period for journals. Recurring templates are used to create journals that repeat in multiple periods with the same or different amounts. You can specify the frequency, start period, end period, and amount type for recurring templates. The initial status of journals created from recurring templates is Unposted, not Approved or Posted. The line items in journals created from recurring templates are editable, not read only.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 75-76; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 10-7.

NEW QUESTION # 137
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