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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. 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) All members are accessible for dimensions with no security applied.
D) Security can be assigned at a parent level.
E) The Identity Domain Administrator inherits full access privileges.

2. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

A) the third Friday of each month to apply to both TEST and PROD simultaneously
B) the first and third Friday of each month; first Friday for TEST and third Friday for PROD
C) the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
D) the first and third Monday of each month; first Monday for TEST and third Monday for PROD

3. Which four sample ratios can be created during the application creation process? (Choose four.)

A) Gross Margin
B) Contribution Margin
C) Inventory Ratios
D) Earnings per Share
E) Days Sales in Receivables
F) Debt Ratio

4. When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

A) Header
B) Grid
C) Image
D) Chart

5. A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

A) Load detailed Fixed Asset data to Movement members.
B) Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
C) Add custom Movement members to the FCCS_CashFlow hierarchy.
D) Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
E) Create a Roll Forward in the account dimension.

Solutions: