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

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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE regarding establishing security for Financial Consolidation and Close?

A) Security can be assigned at a parent level.
B) All members are accessible for dimensions with no security applied.
C) Security can be disabled for any dimension.
D) The Identity Domain Administrator inherits full access privileges.
E) Security is mandatory for one dimension.

2. Which two statements are true about Enterprise Journals? (Choose two.)

A) You can assign a team as preparer or reviewer.
B) Line items can only include entities that have been enabled for Enterprise Journals.
C) You cannot deploy Enterprise Journals to a period with Pending status.
D) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.

3. Which four sample ratios can be selected during business process creation? (Choose four.)

A) Days Sales in Receivables
B) Inventory Ratios
C) Debt Ratio
D) Contribution Margin
E) Earnings per Share
F) Gross Margin

4. Which statement about Opening Balance Override rules is true?

A) You can select which entities to include in the rule scope.
B) You can select which accounts to include in the rule scope.
C) They are available only if Intercompany Data with Tracking is enabled for the business process.
D) Opening Balance Override rules execute for the first period in the year only.

5. When do you enable submission phases for your approval process?

A) When you start the approval process for an approval unit on the Manage Approvals page
B) When you set the member properties for the entity
C) When you assign the approval unit hierarchy to a scenario, period, and year
D) When you set up the approval unit hierarchy

Solutions: