[2022] Pass Oracle 1Z0-1081-20 Premium Files Test Engine pdf - Free Dumps Collection [Q15-Q30]

[2022] Pass Oracle 1Z0-1081-20 Premium Files Test Engine pdf - Free Dumps Collection

New 2022 Realistic 1Z0-1081-20 Dumps Test Engine Exam Questions in here

Oracle 1Z0-1081-20 Exam Syllabus Topics:

Topic	Details
Topic 1	Create import formats, locations, period mappings, and category mappings Add members to the Movement dimension and cash flow hierarchy
Topic 2	Customize the translation process using translation rules and custom rate accounts Add currencies to the Currency dimension
Topic 3	Set Up the Financial Consolidation and Close Business Process Explain the calculation statuses for entities
Topic 4	Configure the default translation method and default rate accounts Add and edit members using the Simplified Dimension Editor
Topic 5	Manage data collection using Supplemental Data Create journals and journal templates Create alternate hierarchies
Topic 6	Create equity pickup adjustments using the Equity Pickup feature Describe the restrictions for modifying seeded members
Topic 7	Configure statutory consolidations using Ownership Management and Consolidation Methods Import members from a file
Topic 8	Configure system setting profiles, set up source systems, register target applications Assign security access to dimension members
Topic 9	Audit changes to the application and data Explain the Closing Balance calculation in the Movement dimension Design financial reports in Financial Reporting Studio
Topic 10	Run the setup wizard for the FCC business process Describe the member properties for the Account, Entity, and Scenario dimensions
Topic 11	Build Out Your Financial Consolidation and Close Solution Enter exchange rates and historical override rates and amounts
Topic 12	Create consolidation adjustments with Configurable Consolidation rules Describe Financial Consolidation and Close features
Topic 13	Create member mappings and define data load rules Manage the close process using Task Manager Translate data to reporting currencies
Topic 14	Back up and migrate data and metadata using Lifecycle Management Describe the system dimensions

 

NEW QUESTION 15
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)

• A. FCCS_Intercompany Eliminations
• B. FCCS_PCON
• C. FCCS_No Data Source
• D. FCCS_Journal Input

Answer: A,D

Explanation:
Optional - Only if selected during application creation.
Reference: https://www.bisptrainings.com/pdf/pdf_docs/OracleFCCSGettingStartedGuideII-20191116111928.pdf

 

NEW QUESTION 16
Which four items are active components of the Currency dimension? (Choose four.)

• A. Parent Currency
• B. Reporting Currencies
• C. Input Currencies
• D. Translated Currencies
• E. Entity Currency
• F. Entity Currency Adjustments

Answer: A,B,C,F

Explanation:
Explanation
You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.

 

NEW QUESTION 17
For which three tasks can Data Management be used? (Choose three.)

• A. loading data that is period-to-date or year-to-date
• B. writing back data to source systems
• C. loading a Metadata Import File
• D. loading data from a fixed width or delimited text file
• E. drilling through from a web form or Smart View

Answer: B,D,E

 

NEW QUESTION 18
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

• A. FCCS_Contribution
• B. FCCS_Amount_Override
• C. FCCS_Proportion
• D. FCCS_Rate Override
• E. FCCS_Translation
• F. FCCS_Elimination

Answer: D,F

 

NEW QUESTION 19
For which three tasks can Data Management be used? (Choose three.)

• A. loading data that is period-to-date or year-to-date
• B. writing back data to source systems
• C. loading a Metadata Import File
• D. loading data from a fixed width or delimited text file
• E. drilling through from a web form or Smart View

Answer: B,D,E

Explanation:
fixed width file or a delimited file,
In Data Management, write-back functionality is available.
Reference:
integrate_file_104xd8fa487f.html
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/write-back.html
https://docs.oracle.com/applications/smartview/810/UGSUG/drill_through_procedure_102xd6eca4c6.htm#UGSUG-GUID-C221538B-5352-4742-A1A1-18F16CE4D099

 

NEW QUESTION 20
Which two statements are true regarding the Copy Data function?

• A. You cannot select which Account members to copy.
• B. When you select the Regular Data option, journals data is included.
• C. You can copy data for historical rate and amount overrides.
• D. You can select which Consolidation dimension member to copy.

Answer: B,C

Explanation:
You can copy these types of data:
Regular Data (including journals)
Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts

 

NEW QUESTION 21
For data load rules in Data Management, which two statements are FALSE?

• A. If specified, the import format will be used; if not, then the location's format will be used.
• B. End users can upload a file when running a data load rule.
• C. Valid load types are Merge and Replace.
• D. A job must first run to import the data file before the user can run the data load rule.
• E. Dataload rules cannot be shared across locations.

Answer: C,D

 

NEW QUESTION 22
Which of the following is allowed for accounts with the data storage type of "Dynamic Calc"?

• A. Enter data through a data form
• B. Load data to this account and create member formulas.
• C. Create member formulas.
• D. Load data to this account.

Answer: B

 

NEW QUESTION 23
Which statement is false regarding establishingsecurity for Financial Consolidation and Close (FCCS)?

• A. All members are accessible for dimensions with no security applied.
• B. Security can be assigned at a parent level.
• C. The Identity Domain Administrator inherits full access privileges.
• D. Security is mandatory for one dimension.
• E. Security can be disabled for any dimension.

Answer: A

 

NEW QUESTION 24
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

• A. Is Plug Account
• B. Intercompany Entity
• C. Plug Account
• D. Intercompany Account

Answer: A

 

NEW QUESTION 25
You are required to create a form to allow users to input data. Which three actions or form components selected should accomplish this?

• A. Set 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

 

NEW QUESTION 26
Which is true behavior of default FCCS_ members within an application?

• A. You cannot change the Alias of these default FCCS_ members.
• B. You can change the default FCCS_ member prefix at application creation.
• C. You can change the Name of these default FCCS_ members at any time.
• D. You can change the Alias of thesedefault FCCS_ members at any time.

Answer: C

 

NEW QUESTION 27
When defining a batch in Data Management, which statement is True?

• A. A batch replaces the need for data load rules.
• B. Each data load rule must specify the period or the batch will default to the POV period.
• C. A batch can load to multiple plan types.
• D. Batches can import from source or export to target, but not both.
• E. Batches can execute data loads for multiple locations.

Answer: E

 

NEW QUESTION 28
What member of the Currency dimension should be used during data entry for historical override amounts?

• A. Reporting Currencies
• B. Input Currencies
• C. Entity Currency
• D. ParentCurrency

Answer: A

 

NEW QUESTION 29
What will Financial Consolidation and Close (FCCS) do whenadding a new member that is an expense type account under a parent that is set as an income type account?

• A. you can't load data to this account
• B. add amounts consolidated to the parent
• C. this setting will not affect additions or subtractions to the next parent
• D. subtract amounts consolidated to the parent

Answer: D

 

NEW QUESTION 30
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