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1Z0-1081-21 Certification Detail

Exam Code 1Z0-1081-21

Full Exam Name Oracle Financial Consolidation and Close 2021

Implementation Essentials

Number of

Questions

60

Practice Exams 1Z0-1081-21 Online Practice Exam

Passing Score 66%

Time Limit 90 minutes

Recommended

Training

Oracle Financial Consolidation and Close 2021 Certified

Implementation Specialist

Oracle EPM Cloud Learning Subscription

Syllabus Topics for Oracle 1Z0-1081-21 Exam

Topic Name Percentage

Financial Consolidation and Close Overview Set Up the Financial Consolidation and Close

Business Process

Manage Dimensions Integrate Data from Source Systems Using

Data Management

Set Up and Run Consolidations Set Up Advanced Consolidations

Build Out Your Financial Consolidation and

Close Solution

Managing Business Process Data

Design Reports and Dashboards

Oracle 1Z0-1081-21Exam Questions

?

01. Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?

Option

a) Consolidation, Currency, Account

b) Currency, Account, Movement

c) Entity, Consolidation, Currency

d) Entity, Currency, Account

ANSWERb) Currency, Account, Movement

02. WIf the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?

Option

a) The alias of the associated Intercompany member is automatically updated.

b) The associated Intercompany member must be manually removed.

c) The associated Intercompany member is automatically removed.

d) The alias of the associated Intercompany member must be manually changed.

ANSWER

c) The associated Intercompany member is automatically removed.

03. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

Option

a) the third Friday of each month to apply to both TEST and PROD simultaneously

b) the first and third Monday of each month; first Monday for TEST and third Monday for PROD

c) the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD

d) the first and third Friday of each month; first Friday for TEST and third Friday for PROD

ANSWER

d) the first and third Friday of each month; first Friday for TEST and third Friday for PROD

04. For which three tasks can Data Management be used? (Choose three.)

Option

a) loading data that is period-to-date or year-to-date

b) drilling through from a web form or Smart View

c) loading data from a fixed width or delimited text file

d) writing back data to source systems

e) loading a Metadata Import File

ANSWER

b) drilling through from a web form or Smart Viewc) loading data from a fixed width or delimited text filed) writing back data to source systems

05. When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

Option

a) Chart

b) Grid

c) Image

d) Header

ANSWERd) Header

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