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Free 1z0-1081-20 – Oracle Financial Consolidation and Close 2020 Implementation Essentials Practice Test Question

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Showing 7–9 of 10 questions

Question 7

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different than the data in the FCCS_Proportion member?

Select an option, then click Submit answer.

  • ○

    A rate was entered into the FCCS_Rate Override account.
  • ○

    An ownership percentage for the entity other than 100 was entered.
  • ○

    An intercompany elimination was performed.
  • ○

    The parent entity has a different currency than the child.
Question 8

You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.

Which type of report can you run to accomplish this?

Select an option, then click Submit answer.

  • ○

    Consolidation Report
  • ○

    Journal Report
  • ○

    Intercompany Report
  • ○

    Financial Report
Question 9

Which statement is true of the default FCCS_ members within an application?

Select an option, then click Submit answer.

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    You can change the default FCCS_ member prefix at application creation.
  • ○

    You can change the Alias.
  • ○

    You can change the Data Storage property.
  • ○

    You can change the Name.