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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement is FALSE about Task Manager schedules?

A) Users can still complete tasks in a schedule that has been closed.
B) You can still add tasks to a schedule that has been closed.
C) To start all the tasks in a schedule, you must change the status from Pending to Open.
D) You can re-open a schedule that has been locked.

2. For which
scenario would an On-Demand rule be an appropriate solution?

A) to copy data from one scenario to a different scenario
B) to allocate data to base entities prior to consolidation
C) to add a column with a calculation to a report
D) to perform a custom currency translation for a subset of accounts

3. Which statement is FALSE when setting up Shared Entities?

A) When data is posted to one shared entity, the data is posted to all instances.
B) You build an alternate hierarchy by using partial share Entity members.
C) The Data Storage Member Property must set to "Dynamic Calc".
D) The calculation status will not change in all instances when data is changed in one instance.

4. Audit is enabled by default for which task categories?

A) No task categories
B) Metadata Administration and Security
C) All task categories
D) Data only

5. Which statement
is false regarding establishing security for Financial Consolidation and Close?

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

Solutions: