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1z0-1081 – Oracle Financial Consolidation and Close 2019 Implementation Essentials

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Showing 1–3 of 10 questions

Question 1

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

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    A base entity currency has a parent entity with a matching default currency.
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    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 2

Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

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  • ○

    Ensure security of sensitive data.
  • ○

    Integrate with source systems.
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    Provide predictive analysis and modeling.
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    Provide a strong compliance framework that includes auditing and segregation of duties.
Question 3

A company has two subsidiaries with 1000 EURO each in the Cash account.

Which four Consolidation Members will reflect 2000 EURO at the company’s balance? (Choose four.)

Select all that apply, then click Submit answer.

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    FCCS_Elimination
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    FCCS_Proportion
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    FCCS_Entity Input
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    FCCS_Entity Consolidation
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    FCCS_Entity Total
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    FCCS_Contribution