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Oracle 1z0-1081-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Assign security access to dimension members Describe valid and invalid intersection rules
Topic 2	Enter exchange rates and historical override rates and amounts Describe the Account, Entity, and Scenario dimensions
Topic 3	Create custom consolidation calculations with Configurable Calculations and On Demand Rules Financial Consolidation and Close Overview
Topic 4	Explain approval groups and phased submissions Automate repetitive tasks using EPM Automate
Topic 5	Build Out Your Financial Consolidation and Close Solution Create journal, intercompany, and consolidation reports
Topic 6	Assign approval groups to an approval unit hierarchy Add members to the Currency and Movement dimensions
Topic 7	Create consolidation journals and consolidation journal templates Describe Financial Consolidation and Close features

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Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
Which explains why the Currency dimension does NOT display in your application?

• A. Security access to the Multi-GAAP dimension is required
• B. Security has not been granted
• C. Multi-Currency option was not selected at application creation
• D. Entity-specific security rights were not properly granted

Answer: C
NEW QUESTION # 62
For which three levels can Profiles be set in Data Management?

• A. System
• B. Category
• C. User
• D. Application
• E. Source System

Answer: A,C,D
NEW QUESTION # 63
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

• A. enables the application to perform Intercompany eliminations
• B. enables the application to include Intercompany data.
• C. enables the Elimination member in the Consolidation dimension
• D. process will separate total elimination values by Data Source.

Answer: D
NEW QUESTION # 64
You are
required to create a form that allows users to input dat
a. Which three actions are consistent with this?

• A. Set the consolidation member on the form to FCCS_Entity Input.
• B. Select level 0 dimension members for the POV, rows, and columns.
• C. Grant the data input users WRITE access to the dimension members used on the form.
• D. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
• E. Set the currency on the form to Parent Currency.

Answer: A,B,C Explanation:
For bottom-up versions, rows and columns with level 0 members allow data entry.
Administrators have write access to all dimension members and to all forms.
Reference:
formdesignconsiderations.html
https://docs.oracle.com/cd/E5718501/AGOHP/accassg.html
NEW QUESTION # 65
Which two statements are true regarding the Copy Data function?

• A. When you select the Regular Data option, journals data is included.
• B. You can copy data for historical rate and amount overrides.
• C. You can select which Consolidation dimension member to copy.
• D. You cannot select which Account members to copy.

Answer: A,B Explanation:
You can copy these types of data:
Regular Data (including journals)
Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts
NEW QUESTION # 66
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