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Oracle Financial Consolidation and Close 2020 Implementation Essentials - 1Z0-1081-20 Exam Questions

QUESTION NO: 1
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)
Correct Answer: A,C
QUESTION NO: 2
For data load rules in Data Management, which two statements are FALSE?
Correct Answer: D,E
QUESTION NO: 3
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?
Correct Answer: B
QUESTION NO: 4
Which statement is true of the default FCCS_ members within an application?
Correct Answer: A
Explanation: (Only visible to Pass4Test members)
QUESTION NO: 5
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
Correct Answer: A,B
QUESTION NO: 6
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
Correct Answer: A
Explanation: (Only visible to Pass4Test members)
QUESTION NO: 7
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
Correct Answer: D
Explanation: (Only visible to Pass4Test members)
QUESTION NO: 8
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)
Correct Answer: B,C,D
QUESTION NO: 9
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this?
Correct Answer: A,B,C
Explanation: (Only visible to Pass4Test members)
QUESTION NO: 10
For which three dimensions is security enabled by default?
Correct Answer: A,C,D
Explanation: (Only visible to Pass4Test members)