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Oracle 1z0-1081-22 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure Opening and Closing Balance System Rules
  • Explain Intercompany Entity Aggregation Options
Topic 2
  • Assign security access to dimension members
  • Describe valid and invalid intersection rules
Topic 3
  • Assign approval groups to an approval unit hierarchy
  • Add members to the Currency and Movement dimensions
Topic 4
  • Enter exchange rates and historical override rates and amounts
  • Describe the Account, Entity, and Scenario dimensions
Topic 5
  • Explain approval groups and phased submissions
  • Automate repetitive tasks using EPM Automate
Topic 6
  • Create custom consolidation calculations with Configurable Calculations and On Demand Rules
  • Financial Consolidation and Close Overview
Topic 7
  • Add and edit members using the Simplified Dimension Editor
  • Set Up the Financial Consolidation and Close Business Process
Topic 8
  • Customize the translation process using translation rules and custom rate accounts
  • Create consolidation adjustments with Configurable Consolidation Rules
Topic 9
  • Configure the default translation method and default rate accounts
  • Run the setup wizard for the FCC business process
Topic 10
  • Configure statutory consolidations using Ownership Management and Consolidation Methods
  • Describe Period and Movement as Dense dimensions (DSO)
Topic 11
  • Build Out Your Financial Consolidation and Close Solution
  • Create journal, intercompany, and consolidation reports

Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions (Q60-Q65):

NEW QUESTION # 60
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

  • A. FCCS_SystemTypes
  • B. FCCS_Proportion
  • C. FCCS_No Data Source
  • D. FCCS_Data Input

Answer: B


NEW QUESTION # 61
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)

  • A. Submit data
  • B. Adjust data with Journals
  • C. Retrieve data
  • D. Run a rule such as Consolidate or Translate

Answer: A,C,D


NEW QUESTION # 62
If the
Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?

  • A. Data can be stored by intercompany partner but no eliminations will occur.
  • B. The ICP dimension is omitted.
  • C. An extra custom dimension is available.
  • D. The FCCS_No Intercompany member of the ICP dimension is used for all data.

Answer: D

Explanation:
Reference:
admin_dimensions_intercompany_124x5ae77515.html


NEW QUESTION # 63
A company
would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?

  • A. Load detailed Fixed Asset data to Movement members.
  • B. Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
  • C. Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
  • D. Create a Roll Forward in the account dimension.
  • E. Add custom Movement members to the FCCS_CashFlow hierarchy.

Answer: A,D,E


NEW QUESTION # 64
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)

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

Answer: A,B

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


NEW QUESTION # 65
......

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