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[Hardware] 1Z0-1081-24 Reliable Exam Simulations & Braindumps 1Z0-1081-24 Downloads

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【Hardware】 1Z0-1081-24 Reliable Exam Simulations & Braindumps 1Z0-1081-24 Downloads

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q24-Q29):NEW QUESTION # 24
You need
a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
  • A. Consolidation Report
  • B. Journal Report
  • C. Intercompany Report
  • D. Financial Report
Answer: A

NEW QUESTION # 25
What action requires refreshing the database?
  • A. You deploy a new Configurable Calculation rule in Calculation Manager.
  • B. You edit the Consolidation Operator for a member in the Account dimension.
  • C. You change the ownership percentage for an entity.
  • D. You edit the alias for a member in the Entity dimension.
Answer: D
Explanation:
The action that requires refreshing the database is editing the alias for a member in the Entity dimension. Refreshing the database is a process that synchronizes the changes made to metadata with the data stored in the database. You need to refresh the database after making changes to metadata that affect data aggregation or calculation, such as editing member names, formulas, consolidation operators, etc. Editing the alias for a member in the Entity dimension is one of such changes, because it affects how data is displayed in reports and forms. The other actions do not require refreshing the database. Deploying a new Configurable Calculation rule in Calculation Manager, changing the ownership percentage for an entity, and editing the Consolidation Operator for a member in the Account dimension do not affect data aggregation or calculation.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 21; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 2-4.

NEW QUESTION # 26
Which two statements are true regarding the Copy Data function?
  • A. You can select which Consolidation dimension member to copy.
  • B. You cannot select which Account members to copy.
  • C. When you select the Regular Data option, journals data is included.
  • D. You can copy data for historical rate and amount overrides.
Answer: C,D
Explanation:
You can copy these types of data:
Regular Data (including journals)
Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts

NEW QUESTION # 27
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2's debit balance?
  • A. Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1
  • B. Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1
  • C. Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1
  • D. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany
Answer: C

NEW QUESTION # 28
Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?
  • A. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
  • B. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
  • C. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
  • D. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
Answer: B

NEW QUESTION # 29
......
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