Quiz 2026 Oracle 1Z0-1081-24 Perfect Dumps Guide
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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q27-Q32):
NEW QUESTION # 27
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)
- A. Provide a strong compliance framework that includes auditing and segregation of duties.
- B. Integrate with source systems.
- C. Ensure security of sensitive data.
- D. Provide predictive analysis and modeling.
Answer: A,B,C
NEW QUESTION # 28
When enabling Multi-GAAP during application creation, which additional option is available?
- A. Include Supplemental Data
- B. Allow adjustments for IFRS
- C. Automatically calculate adjustment
- D. Track Multi-Source Data Input
Answer: C
NEW QUESTION # 29
Which two statements are correct with regard to Data Management locations? (Choose two.)
- A. Locations must specify an import format, which may be used by other locations.
- B. Locations can share dimension member mappings by specifying a location as a parent location of others.
- C. Location security allows users to be provisioned in Shared Services for read or modify access to each location.
- D. The logic account group is required in order to effect running of calculations after the data load.
- E. Data load rules can be shared across locations.
- F. A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
Answer: A,B
NEW QUESTION # 30
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
- A. The Intercompany Alias is automatically changed to the new Entity Alias.
- B. The Intercompany Alias is automatically set to the Intercompany Name.
- C. The Intercompany Alias is set to the Entity Name.
- D. The Intercompany Alias is not automatically changed to the new Entity Alias.
Answer: A
NEW QUESTION # 31
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
- A. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
- B. Load detailed Fixed Asset data to Movement members.
- C. Add custom Movement members to the FCCS_CashFlow hierarchy.
- D. Create a Roll Forward in the account dimension.
- E. Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
Answer: A,B,E
NEW QUESTION # 32
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