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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A) Load a data file
B) Import journals
C) Run a business rule
D) Export metadata

2. When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

A) Chart
B) Grid
C) Image
D) Header

3. For which
three dimensions is security enabled by default?

A) Scenario
B) Account
C) Data Source
D) Entity
E) Consolidation

4. Why should years be consolidated sequentially; i.e., first 2018, then 2019, then 2020?

A) Years should be consolidated sequentially to ensure that rollforward calculations are correct.
B) Parent account calculations depend on the sequencing.
C) There is no reason to consolidate years sequentially.
D) Each period in the year must consolidate separately.

5. Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A) calculations, dashboards and reports to provide analysis for cash flow modeling
B) calculations, dashboards and reports built on planning frameworks to provide cash flow planning
C) pre-built integrations to combine narrative and data to produce both internal and external reporting packages
D) calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow

Solutions: