Online Access Free 1Z0-1081-24 Practice Test

What is
the function of Source Mapping in Data Management?

• A.Manage source periods in relation to global periods.
• B.Define the close calendar periods.
• C.Defined the input currency for each data source supplying data to the application.
• D.Map local dimension members to the application dimension members.

An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)

• A.A journal entry to reverse the adjusted Common Stock balance with the Data Source member FCCS_Journal Input.
• B.A journal entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Journal Input.
• C.Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and the Data Source member FCCS_Data Input.
• D.Data entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Managed Data.

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?

• A.A translation to the USD_Reporting currency member for Company IOU
• B.A translation of Company IOU
• C.A consolidation of Company XYZ
• D.A translation of Company XYZ to Parent Currency
• E.A consolidation of Company 123

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_Elimination
• C.FCCS_Proportion
• D.FCCS_Entity Consolidation
• E.FCCS_Entity Input
• F.FCCS_Entity Total

Which statement
is FALSE when Intercompany Data is enabled?

• A.Intercompany accounts are assigned plug accounts.
• 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.The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.