Oracle Financial Consolidation and Close 2021 Implementation Essentials - 1Z0-1081-21 Exam Practice Test
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?
Correct Answer: B
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Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
Correct Answer: A
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What is the correct Currency dimension member to select when running an Intercompany Matching Report?
Correct Answer: A
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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?
Correct Answer: B
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Which dimension includes the FCCS_Global Assumption member that is used to store currency information?
Correct Answer: C
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When designing a reportin Financial Reporting Studio, which item is NOT an insert-able report object?
Correct Answer: B,C
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You are required to create a form to allow users to input data. Which three actions or form components selectedshould accomplish this?
Correct Answer: A,C,D
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A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting ofthe subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
Which two items facilitate the reporting ofthe subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
Correct Answer: C,E
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