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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question 1

For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?

A. Select users with the Service Administrator security role.
B. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
C. Delete the default Approval Unit hierarchy.
D. Select the Consolidation template when setting up the Approval Unit hierarchy.

Question 2

For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A. Year
B. Scenario
C. Period
D. Data Source
E. Entity
F. Consolidation

Question 3

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

A. Control
B. Consolidation Method
C. Ownership Percentage
D. Minority Interest Percentage
E. Consolidation Percentage

Question 4

You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A. Bar
B. Tile
C. Line
D. Gauge

Question 5

Which statement is FALSE about the Equity Pickup feature?

A. Seeded rule sets are provided for Equity Pickup.
B. Equity Pickup rules run as part of the consolidation process
C. Equity Pickup rules are run on demand from the Rules card by users with launch permission.
D. Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

Solutions: