Online Access Free 1Z0-1081-20 Practice Test

What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?

• A.Entity Currency
• B.Base Currency
• C.Local Currency
• D.Parent Currency

Which item describes the use for the Currency dimension property Triangulation Currency?

• A.The ability to force translations
• B.The ability to report in multiple currencies
• C.The ability to calculate foreign exchange rates
• D.The ability to input foreign exchange rates
• E.The ability to calculate CTA (Cumulative Translation Adjustment)

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different than the data in the FCCS_Proportion member?

• A.A rate was entered into the FCCS_Rate Override account.
• B.An ownership percentage for the entity other than 100 was entered.
• C.An intercompany elimination was performed.
• D.The parent entity has a different currency than the child.

You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

• A.The new task will run outside of the schedule end date.
• B.An error, you can't add a new task past the due date.
• C.The schedule end date changes to match the end date of the task.
• D.The task will not run.

Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

• A.Year, Scenario, Base Entity and Account
• B.Period, Scenario, Base Entity and Parent Entity
• C.Scenario, View, Parent Entity and Account
• D.Scenario, Account, Base Entity and Parent Entity