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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. When enabling Multi-GAAP during application creation, which additional option is available?

A) Include Supplemental Data
B) Track Multi-Source Data Input
C) Automatically calculate adjustment
D) Allow adjustments for IFRS

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

3. What can the Intercompany Dimension be enabled and made visible within your application?

A) during application creation and selecting the Multi-source Data Input of Other Data
B) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
C) during application creation and selecting the Intercompany Data feature option
D) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute

4. To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?

A) Intercompany Partners
B) Intercompany Plug Accounts
C) Elimination Consolidation Dimension member
D) Intercompany Accounts

5. Financial Consolidation
and Close maintains calculation status for which four dimensions?

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

Solutions: