Online Access Free 1z0-1081-22 Practice Test

Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?

• A.P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
• B.P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
• C.P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
• D.P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.

You need
to define a form that requires users to select the entity for which to view data from a list that includes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?

• A.the Page Axis
• B.columns
• C.the Point of View
• D.rows

A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

• A.Add custom Movement members to the FCCS_CashFlow hierarchy.
• B.Load detailed Fixed Asset data to Movement members.
• C.Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
• D.Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
• E.Create a Roll Forward in the account dimension.

Financial Consolidation
and Close maintains calculation status for which four dimensions?

• A.Year
• B.Consolidation
• C.Period
• D.Data Source
• E.Entity
• F.Scenario

Which statement
about the Equity Pickup feature is FALSE?

• A.Equity Pickup rules run as part of the consolidation process.
• B.Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.
• C.Seeded rule-sets are provided for Equity Pickup.
• D.Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.