1Z0-1081-20 Exam Questions & Answers

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1Z0-1081-20 Exam Questions & Answers

Vendor: Oracle

Certifications: Enterprise Performance Management (EPM)

Exam Code: 1Z0-1081-20

Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials

Updated: Aug 02, 2022

Q&As: 116

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1Z0-1081-20 Online Practice Questions and Answers

Questions 1

A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display. Which additional step is required to pull data in the new tab and change the POV?

A. Disconnect from the Smart View connection, and relog in.

B. Activate the Connection.

C. Close out of Excel, and relog in to Smart View.

D. Change one of the Row or Column dimension members and click Refresh.

Show Answer
Questions 2

Three child entities – P, Q, and R – of a mid-level parent entity – AceCo – have account receivables in the

amounts of 10, 20, and 30, respectively.

Which statement contains conditions for all three entities that would cause the account receivable balance

amount at AceCo not to be 60?

A. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.

B. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.

C. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.

D. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.

Show Answer
Questions 3

A company has two subsidiaries with 1000 EURO each in the Cash account. Which four Consolidation Members will reflect 2000 EURO at the company's balance? (Choose four.)

A. FCCS_Elimination

B. FCCS_Proportion

C. FCCS_Entity Input

D. FCCS_Entity Consolidation

E. FCCS_Entity Total

F. FCCS_Contribution

Show Answer More Questions

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