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1z0-1081-22 – Oracle Financial Consolidation and Close 2022 Implementation Professional

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Showing 4–6 of 10 questions

Question 4 (Exam Pool A)

Which three scenarios result in foreign currency translation during the default consolidation process? (Choose three.)

Select all that apply, then click Submit answer.

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    A base entity currency has a parent entity with a matching default currency.
  • ○

    A base entity currency has a parent entity with a different default currency.
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    A parent entity has the same default currency as its parent.
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    A parent entity has a different currency from its parent.
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    A shared entity has a parent with a different currency.
Question 5 (Exam Pool B)

You are required to create a form that allows users to input data. Which three actions are consistent with this?

Select all that apply, then click Submit answer.

  • ○

    In the member selection for Entity, do not include shared entities, include only primary instances of entities.
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    Select level 0 dimension members for the POV, rows, and columns.
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    Set the currency on the form to Parent Currency.
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    Grant the data input users WRITE access to the dimension members used on the form.
  • ○

    Set the consolidation member on the form to FCCS_Entity Input.
Question 6 (Exam Pool A)

What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

Select an option, then click Submit answer.

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    enables the Elimination member in the Consolidation dimension
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    process will separate total elimination values by Data Source.
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    enables the application to include Intercompany data.
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    enables the application to perform Intercompany eliminations