Online 1D0-1081-24-D Practice Test

Question 1

To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS)

which security rights are required?

Options :

A : Metadata Administrator

B : Metadata Supervisor

C : System Administrator

D : Power User

Answer: A

Question 2

For which three levels can Profiles be set in Data Management?

Options :

A : Category

B :

Source System

C : System

D : User

E : Application

Answer: A,C,D

Question 3

Which two statements are correct with regard to Data Management locations? (Choose two.)

Options :

A :

A company with three instances of Oracle EBS R12 should only use one location to maintain proper

accounting controls.

B :

Location security allows users to be provisioned in Shared Services for read or modify access to each location.

C :

Locations can share dimension member mappings by specifying a location as a parent location of others.

D :

The logic account group is required in order to effect running of calculations after the data load.

E : Locations must specify an import format, which may be used by other locations.

F : Data load rules can be shared across locations.

Answer: A,C

Question 4

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.)

Options :

A :

robust consolidation engine that provides automated aggregations, intercompany eliminations and

translations without requiring a strong IT footprint

B : dashboard reporting with daily revenue comparisons and KPI’s that measure cost controls

C :

leverage compliance efforts to fix process issues across all businesses and provide oversight for risk

awareness

D :

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

E : provide the ability to collaborate during close and analyse transaction detail in real time

Answer: A,D

Question 5

When defining a batch in Data Management, which statement is True?

Options :

A :

Each data load rule must specify the period or the batch will default to the POV period.

B :

Batches can import from source or export to target, but not both.

C : Batches can execute data loads for multiple locations.

D : A batch replaces the need for data load rules.

E :

A batch can load to multiple plan types.

Answer: C

EXPERTY DESIGNED 1D0-1081-24-D PRACTICE TEST