Online Access Free 1z0-1081-23 Practice Test

Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

• A.Import journals
• B.Export metadata
• C.Load a data file
• D.Run a business rule

Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)

• A.FX Rates - Average
• B.FX Rates - Historical
• C.FX Rates - None
• D.FX Rates - Ending
• E.FX Rates - Opening

Which statement correctly describes the Consolidation dimension?

• A.The dimension uses a separate member for data from an entity's level-zero descendants.
• B.The dimension allows users to see input versus journal adjustment data.
• C.The dimension allows users to view data in the parent currency.
• D.The dimension contains members to store non-controlling interest and joint venture data.

What is the result of enabling the Calculate Movements system rule?

• A.To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
• B.Closing Balance is aggregated from Opening Balance and the current period's movement value.
• C.Level 0 movement members become read only in web forms, and must be populated through data load.
• D.The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.

Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

• A.Values for Opening Balance are retrieved from the prior period's Closing Balance.
• B.Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
• C.Translated values for Closing Balance are adjusted to the ending rate for the period.
• D.Data for opening balances must be loaded to the Opening Balance member prior to consolidation.