Free Oracle 1Z0-1081-24 Exam Questions

Become Oracle Certified with updated 1Z0-1081-24 exam questions and correct answers

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Total 168 Questions | Updated On: Mar 27, 2025

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Question 1

How can the Intercompany dimension be enabled within your application?

A : In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.

B : In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.

C : During application creation, select the Intercompany Data option.

D : In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.

Answer: C

Question 2

To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A : Period and Year

B : View

C : Period, Year, and View

D : Period

Answer: A

Question 3

Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A : Import journals

B : Run a business rule

C : Load a data file

D : Export metadata

Answer: A

Question 4

Which statement is FALSE when enabling a Multi-GAAP application?

A : o custom dimensions are available after enabling Multi-GAAP.

B : Multi-GAAP dimension is optional.

C : system automatically creates an FCCS_IFRS member.

D : ditional GAAP adjustment can be created.

Answer: A

Question 5

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 of the subsidiary’s Common Stock balance at an historical rate in the

GBP reporting currency? (Choose two.)

A : Common Stock must have an Exchange Rate Type set to Historical Rate Override.

B : The subsidiary must have a balance not equal to zero in Common Stock.

C : Common Stock must have a Data Storage property set to Never Share.

D : USD must be created as a reporting currency.

E : subsidiary must have a parent entity with a GBP currency.

Answer: A,B

Page: 1 / 34

Total 168 Questions | Updated On: Mar 27, 2025

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