Online 1D0-1081-25-D Practice Test

Question 1

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close

business process with Ownership Management enabled?

Options :

A :

Ownership Percentage

B : Control

C :

Consolidation Method

D :

Consolidation Percentage

E :

Minority Interest Percentage

Answer: A,B,C

Question 2

Which statement correctly describes the Consolidation dimension?

Options :

A : The dimension contains members to store non-controlling interest and joint venture data.

B : The dimension uses a separate member to store data from an entity’s descendants.

C :

The dimension allows users to see input versus journal adjustment data.

D :

The dimension aggregates input, consolidated, and elimination data together.

Answer: C

Question 3

What will Financial Consolidation and Close do when aggregating data for a member that is set as an expense

type account to a parent that is set as an income type account?

Options :

A :

This setting does not affect aggregation to the parent.

B :

You cannot load data to this account.

C :

Add amounts aggregated to the parent.

D :

Subtract amounts aggregated to the parent.

Answer: D

Question 4

Which statement about Opening Balance Override rules is true?

Options :

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.

Answer: B

Question 5

For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

Options :

A : Account is a Sparse dimension.

B : The View dimension stores only periodic data.

C : All parent members in the Account dimension must have a Solve Order value of 58.

D : You cannot add member formulas to members of the Movement dimension.

Answer: C

EXPERTY DESIGNED 1D0-1081-25-D PRACTICE TEST