Free 1Z0-1081-21 braindumps download (1Z0-1081-21 exam dumps Free Updated Mar 31, 2022) [Q33-Q50]

NO.33 When defining a batch inData Management, which statement is True?

Each data load rule must specify the period or the batch will default to the POV period.

Batches can import from source or export to target, but not both.

Batches can execute data loads for multiplelocations.

A batch replaces the need for data load rules.

A batch can load to multiple plan types.

NO.34 Audit is enabled by default for which task categories?

Data only

All task categories

No task categories

Metadata Administrationand Security

NO.35 Which four items are included in the Currency dimension?
Response:

Journal Input Currencies

Input Currencies

Entity Currency

Reporting Currencies

Parent Currency

Translated Currencies

NO.36 You are required to create a form that allows users to input data. Which three actions are consistent with this?

In the member selection for Entity, do not include shared entities, include only primary instances of entities.

Select level 0 dimension members for the POV, rows, and columns.

Set the currency on the form to Parent Currency.

Grant the data input users WRITE access to the dimension members used on the form.

Set the consolidation member on the form to FCCS_Entity Input.

NO.37 What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?
Response:

Store

Never Share

No Rate

Dynamic Calc and Store

Dynamic

NO.38 Which statement correctly describes what happens to parent entitiesduring consolidation?

From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.

The changes in the relational database are syncedto the underlying Essbase cube.

Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.

The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.

NO.39 Which statement about the Equity Pickup feature is FALSE?
Response:

Seeded rule-sets are provided for Equity Pickup

Equity Pickup rules run as part of the consolidation process

Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled

Equity Pickup rules are run on-demand from the Rules card by users with launch permissions

NO.40 You have added a new task to a close schedule with a task due date past the defined end date of the schedule.
What isthe result of the change?

The new task will run outside of the schedule end date.

An error, you can’t add a new task past the due date.

The schedule end date changes to match the end date of the task.

The task will not run.

NO.41 If the Alias of an Entity that marked as …oeIs Intercompany… and is later changed, what happens to the corresponding Intercompany member Alias?
Response:

The Intercompany Alias is set to the Entity Name.

The Intercompany Alias is automatically changed to the new Entity Alias.

The Intercompany Alias is not automatically changed to the new Entity Alias.

The Intercompany Alias is automatically set to the Intercompany Name.

NO.42 Which two statements are true of the roll forward calculation in the Movement dimension?
Response:

Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.

Translated values for Closing Balance are adjusted to the ending rate for the period.

Values for Opening Balance are retrieved from the prior period Closing Balance.

Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

NO.43 How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
Response:

Enable a dimension for Currency after application creation via a Metadata load.

During application creation, select the Multicurrency option of “No” and insert additional currencies within the Currency dimension.

During application creation, select the Multicurrency option of “Yes”.

Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.

NO.44 By default, security access is set to “None” for which three dimensions?
(Choose three.)
Response:

Movement

Data Source

Account

Entity

Year

NO.45 You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?

a column

Other Options section

the Page Axis

the Point of View

NO.46 Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?
(Choose three.)
Response:

Period, Year, Entity

From Currency, Movement, Scenario

Multi-GAAP, Data Type, Intra-company

Value, Entity, Account

Data source, Consolidation, View

NO.47 P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?

There is no way to do a prior period entry like this.

January and February should be consolidated.

February should be consolidated, after which the cash at AceCo is now 65.

January should be consolidated for the change and nothing needs to happen for February.

NO.48 Which two statements are correct with regard to Data Management locations?
(Choose two.)
Response:

A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.

Location security allows users to be provisioned in Shared Services for read or modify access to each location.

Locations can share dimension member mappings by specifying a location as a parent location of others.

The logic account group is required in order to effect running of calculations after the data load.

Locations must specify an import format, which may be used by other locations.

Data load rules can be shared across locations.

NO.49 To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
Response:

Intercompany Accounts

Intercompany Partners

Intercompany Plug Accounts

Elimination Consolidation Dimension member

NO.50 Which statement is false regarding establishing security for Financial Consolidation and Close?

Security can be assigned at a prevent level.

Security is mandatory for one dimension.

The Identity Domain Administrator inherits full access privileges.

All members are accessiblefor dimensions with no security applied.

Security can be disabled for any dimension.

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