Online Access Free 1z1-1081 Practice Test

When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

• A.Chart
• B.Grid
• C.Image
• D.Header

When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

• A.load data to this account
• B.create Member Formulas
• C.Member Formulas cannot be created
• D.load data to this account and make member formulas

A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

• A.The subsidiary must have a parent entity with a GBP currency.
• B.The subsidiary must have a balance not equal to zero in Common Stock.
• C.USD must be created as a reporting currency.
• D.Common Stock must have an Exchange Rate Type set to Historical Rate Override.
• E.Common Stock must have a Data Storage property set to Never Share.

What information is included in the data extract export file delimited format?

• A.the data load cube name
• B.the application name
• C.the domain and application name
• D.the ID of the user performing the extract

A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)

• A.dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
• B.leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
• C.robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
• D.provide the ability to collaborate during close and analyse transaction detail in real time
• E.a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards