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: Nov 14, 2024

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Question 1

Which statement is FALSE about running consolidations?

A : When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

B : When you consolidate a parent, children with the Impacted calculation status are also consolidated

C : When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.

D : Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.

Answer: C

Question 2

You are required to create a form to allow users to input data. Which three actions or form components

selected should accomplish this?

A : t the currency on the form to the reporting currency member USD_Reporting

B : Level 0 dimension members on POV, rows and columns

C : Give data input users WRITE access to form dimension members

D : Set access rights for data input users to the form

Answer: B,C,D

Question 3

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

Question 4

Which two members of the Consolidation dimension cause the standard foreign currency translation rules to

be ignored?

A : FCCS_Amount_Override

B : FCCS_Rate Override

C : FCCS_Contribution

D : FCCS_Proportion

E : FCCS_Elimination

F : FCCS_Translation

Answer: A,B

Question 5

You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000. What is the most efficient means to accomplish this?

A : Create a Groovy rule

B : Create a Task Manager rule

C : Create a Configurable Consolidation rule.

D : Create a valid intersection rule.

Answer: A

Page: 1 / 34

Total 168 Questions | Updated On: Nov 14, 2024

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