Oracle Financial Consolidation and Close 2023 Implementation Professional - 1z0-1081-23 Exam Questions

A. Select users with the Service Administrator security role. B. Delete the default Approval Unit hierarchy. C. Select the Consolidation template when setting up the Approval Unit hierarchy. D. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.

A. If a shared member is selected for a rule, the primary instance of the member is selected as well. B. Selecting the primary instance of a member does not include shared members. C. Selecting a shared member for a rule does not include its primary instance. D. If the primary instance of the member is selected for a rule, all shared members for the instances are included.

A. All reporting currency members have the suffix Reporting. B. During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency. C. All input currencies that you add are automatically added as reporting currencies as well. D. When you run the Consolidate business rule, you can select one or more reporting currencies to translate to.

A. The dimension allows users to see input versus journal adjustment data. B. The dimension contains members to store non-controlling interest and joint venture data. C. The dimension uses a separate member for data from an entity's level-zero descendants. D. The dimension allows users to view data in the parent currency.

A. When you select the Regular Data option, journals data is included. B. You can select which Consolidation dimension member to copy. C. You can copy data for historical rate and amount overrides. D. You cannot select which Account members to copy.

A. Control B. Minority Interest Percentage C. Consolidation Percentage D. Ownership Percentage E. Consolidation Method