Online 1Z0-1081-25 Practice Test

Question 1

Which four items are active components of the Currency dimension? (Choose four.)

Options :

A : Entity Currency Adjustments

B : Reporting Currencies

C : Input Currencies

D : Translated Currencies

E : Entity Currency

F : Parent Currency

Answer: B,C,E,F

Question 2

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a

Financial Consolidation and Close (FCCS) report?

Options :

A : Designing dynamic reports

B : Expanded vs. single data segments

C :

Report performance

D :

Suppress missing blocks

Answer: D

Question 3

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

Options :

A : Import journals

B : Run a business rule

C : Load a data file

D : Export metadata

Answer: A

Question 4

Which is true behavior of default FCCS_ members within an application?

Options :

A :

You can change the default FCCS_ member prefix at application creation.

B : You can change the Alias of these default FCCS_ members at any time.

C :

You can change the Name of these default FCCS_ members at any time.

D :

You cannot change the Alias of these default FCCS_ members.

Answer: B

Question 5

Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

Options :

A : The ICP dimension is omitted.

B : The FCCS No Intercompany member of the ICP dimension is used for all data.

C : Data can be stored by the intercompany partner but no eliminations occur

D : An extra custom dimension is available.

Answer: A

EXPERTY DESIGNED 1Z0-1081-25 PRACTICE TEST