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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. 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?

A) Financial
B) Consolidation
C) Intercompany
D) Journal

2. Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

A) Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
B) Values for Opening Balance are retrieved from the prior period's Closing Balance.
C) Translated values for Closing Balance are adjusted to the ending rate for the period.
D) Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

3. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Year
B) Scenario
C) Account
D) Period
E) Data Source (Entity)

4. Which three dimensions can be included in an approval group? (Choose three.)

A) Movement
B) Multi-GAAP
C) Scenario
D) Account
E) Entity

5. Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

A) Average Rate
B) Ending Rate
C) Local Rate
D) Opening Rate

Solutions: