Online Access Free 1Z0-1081-20 Practice Test

What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?

• A.add amounts consolidated to the parent
• B.subtract amounts consolidated to the parent
• C.this setting will not affect additions or subtractions to the next parent
• D.you can't load data to this account

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_Contribution
• B.FCCS_Entity Consolidation
• C.FCCS_Elimination
• D.FCCS_Proportion
• E.FCCS_Entity Total
• F.FCCS_Entity Input

The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?

• A.Day 1 to Day 7
• B.Day -3 to Day 3
• C.Day -3 to Day 4
• D.Day -2 to Day 4

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 set to the Entity Name.
• B.The Intercompany Alias is not automatically changed to the new Entity Alias.
• C.The Intercompany Alias is automatically set to the Intercompany Name.
• D.The Intercompany Alias is automatically changed to the new Entity Alias.

Which two statements are correct with regard to Data Management locations? (Choose two.)

• A.Location security allows users to be provisioned in Shared Services for read or modify access to each location.
• B.A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
• C.Locations must specify an import format, which may be used by other locations.
• 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.Locations can share dimension member mappings by specifying a location as a parent location of others.