Online 1Z0-1081-25 Practice Test

Question 1

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

Options :

A : Chart

B : Grid

C : Image

D : Header

Answer: D

Question 2

Which statement is true about an approval process with the Phase Dependency option enabled?

Options :

A :

Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

B :

Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

C :

Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

D :

Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

Answer: C,D

Question 3

Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS)

application?

Options :

A : Period, Year, Entity

B : From Currency, Movement, Scenario

C : Multi-GAAP, Data Type, Intra-company

D : Value, Entity, Account

E : Data source, Consolidation, View

Answer: A

Question 4

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 5

Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

Options :

A : Scenario

B : Year

C : Entity

D : Period

E : Account

Answer: B,D

EXPERTY DESIGNED 1Z0-1081-25 PRACTICE TEST