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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. When you set the Intercompany Account attribute for an account to Yes, which additional attribute must also be set in order for the account to be included in the elimination process?

A) Intercompany Account
B) Is Plug Account
C) Plug Account
D) Intercompany Entity

2. Which customization can you perform on the Navigation Flows page?

A) Select a color scheme.
B) Add or Hide cards.
C) Set a default POV by user group.
D) Select a data form to display at start up based on user group.

3. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Configurable Consolidation rule.
B) Create a Groovy rule.
C) Create a valid intersection rule.
D) Create a Task Manager rule.

4. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A) View
B) Period
C) Period and Year
D) Period, Year, and View

5. Which statement about Opening Balance Override rules is true?

A) They are available only if Intercompany Data with Tracking is enabled for the business process.
B) Opening Balance Override rules execute for the first period in the year only.
C) You can select which entities to include in the rule scope.
D) You can select which accounts to include in the rule scope.

Solutions: