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[General] 1Z0-1081-24 Latest Mock Test - 1Z0-1081-24 Valid Dumps Ebook

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【General】 1Z0-1081-24 Latest Mock Test - 1Z0-1081-24 Valid Dumps Ebook

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q131-Q136):NEW QUESTION # 131
Which two statements are true about Enterprise Journals? (Choose two.)
  • A. You cannot deploy Enterprise Journals to a period with Pending status.
  • B. You can assign a team as preparer or reviewer.
  • C. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
  • D. Line items can only include entities that have been enabled for Enterprise Journals.
Answer: B,D
Explanation:
The two statements that are true about Enterprise Journals are:
Line items can only include entities that have been enabled for Enterprise Journals. You can enable or disable entities for Enterprise Journals in the Entity dimension properties.
You can assign a team as preparer or reviewer. You can create teams of users and assign them roles in the Enterprise Journal workflow.
The other statements are false. You can deploy Enterprise Journals to a period with any status, as long as it is not locked. Users with either the Service Administrator or Power User role can create Enterprise Journal templates, but they also need the Create Journal Template role assignment.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 25; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 6-2.

NEW QUESTION # 132
Which statement
is false regarding establishing security for Financial Consolidation and Close?
  • A. Security is mandatory for one dimension.
  • B. Security can be disabled for any dimension.
  • C. The Identity Domain Administrator inherits full access privileges.
  • D. All members are accessible for dimensions with no security applied.
  • E. Security can be assigned at a prevent level.
Answer: D
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 # 133
When enabling Multi-GAAP during application creation, which additional option is available?
  • A. Include Supplemental Data
  • B. Allow adjustments for IFRS
  • C. Track Multi-Source Data Input
  • D. Automatically calculate adjustment
Answer: D

NEW QUESTION # 134
Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
  • A. Load a data file
  • B. Run a business rule
  • C. Import journals
  • D. Export metadata
Answer: D
Explanation:
Exporting metadata is not a Financial Consolidation and Close task that you can perform using EPM Automate. EPM Automate is a command-line tool that allows you to automate various tasks in Financial Consolidation and Close, such as importing journals, running a business rule, loading a data file, etc. However, exporting metadata is not one of the supported tasks. To export metadata, you need to use the Migration tool in the web interface or the Smart View extension for Microsoft Office.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 83-84; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 11-1.

NEW QUESTION # 135
Financial Consolidation
and Close maintains calculation status for which four dimensions?
  • A. Entity
  • B. Consolidation
  • C. Data Source
  • D. Period
  • E. Year
  • F. Scenario
Answer: A,B,D,F
Explanation:
Oracle Financial Consolidation Close Cloud maintains the calculation status for each Scenario, Period, Entity and Parent entity combination. The calculation status indicates whether data needs to be translated or consolidated.

NEW QUESTION # 136
......
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