Free Access Oracle.1Z0-1081-20.v2022-05-06.q48 Practice Test (Page 7)

Question 26

When defining a batch in Data Management, which statement is True?

A.A batch can load to multiple plan types.

B.Batches can execute data loads for multiple locations.

C.A batch replaces the need for data load rules.

D.Each data load rule must specify the period or the batch willdefault to the POV period.

E.Batches can import from source or export to target, but not both.

Question 27

Which statement is FALSE when Intercompany Data is enabled?

A.The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.

B.Tracking intercompany eliminations is optional.

C.In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

D.Intercompany accounts are assigned plug accounts.

Question 28

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

A.The ability to input foreign exchange rates

B.The ability to calculate CTA (Cumulative Translation Adjustment)

C.The ability to force translations

D.The ability to calculate foreign exchange rates

E.The ability to report in multiple currencies

Question 29

Which statement about the Equity Pickup feature is FALSE?

A.Seeded rule-sets are provided for Equity Pickup.

B.Equity Pickup rules run as part of the consolidation process.

C.Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.

D.Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.

Question 30

When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?

A.12-month and 13-month

B.12-month only

C.Any number of months can be selected

D.12-month, 13-month and a 14-month

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