Free Access Oracle.1Z0-1081-21.v2022-02-17.q76 Practice Test (Page 8)

Question 31

Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
Response:

A.FCCS_No Data Source

B.FCCS_Data Input

C.FCCS_SystemTypes

D.FCCS_Proportion

Question 32

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?
Response:

A.this setting will not affect additions or subtractions to the next parent

B.you can't load data to this account

C.add amounts consolidated to the parent

D.subtract amounts consolidated to the parent

Question 33

Which three combinations of dimensions could be valid for a FinancialConsolidation and Close (FCCS) application?

A.From Currency, Movement, Scenario

B.Value, Entity, Account

C.Data source, Consolidation, View

D.Period, Year, Entity

E.Multi-GAAP, Data Type, Intra-company

Question 34

Which statement about the Equity Pickup feature is FALSE?
Response:

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

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

C.Seeded rule-sets are provided for Equity Pickup

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

Question 35

If the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?
Response:

A.The FCCS_No Intercompany member of the ICP dimension is used for all data.

B.The ICP dimension is omitted.

C.Data can be stored by intercompany partner but no eliminations will occur.

D.An extra custom dimension is available.

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