Free 1Z0-1081-26 – Oracle Financial Consolidation and Close Cloud Service Practice Test Question

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  Intercompany eliminations are generally required to remove the effect of transactions within the company.

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  Intercompany eliminations are required for sustainability reporting to show the company’s waste output.

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  Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.

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  Intercompany eliminations are needed when a company divests itself of a division.
  

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  Source Type

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  Drill URL

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  Cloud Type

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  Description

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  Name
  

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  The FCCS_No Intercompany member of the ICP dimension will be used for all data.

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  Data can be stored by intercompany partner but no eliminations will occur.

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  An extra custom dimension will be available.

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  The ICP dimension will be omitted.
  

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  a column

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  Other Options section

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  the Page Axis

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  the Point of View
  

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  Account

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  From Currency

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  Entity

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  Currency
  

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  Ensure security of sensitive data.

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  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.
  

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  The Cash Change hierarchy cannot be modified.

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  All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.

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  The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.

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  Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.

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  Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.

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  Siblings can be added to the FCCS_CashFlow_Investing member.
  

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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
  

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  FCCS_No Data Source

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  FCCS_Data Input

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  FCCS_SystemTypes

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  FCCS_Proportion
  

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  this setting will not affect additions or subtractions to the next parent

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  subtract amounts consolidated to the parent

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  add amounts consolidated to the parent

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  you can’t load data to this account