Verified 1Z0-1081-21 Dumps Q&As – 1Z0-1081-21 Test Engine with Correct Answers [Q12-Q34]

QUESTION 12

PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2’s debit balance?

QUESTION 13
Which statement is FALSE when enabling a Multi-GAAP application?

QUESTION 14
What is the function of Source Mapping in Data Management?
Response:

QUESTION 15
You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?

QUESTION 16
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
Response:

QUESTION 17
Which statement is FALSE when Intercompany Data is enabled?
Response:

QUESTION 18
Which statement correctly describes what happens to parent entities during consolidation?
Response:

QUESTION 19
Whencreating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE ‘CAR_%’ THEN ‘AUTO_SALES’
ELSE ‘SALES’
Which statement is True?

QUESTION 20
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which dayrange should you define?

QUESTION 21
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
Response:

QUESTION 22
Which four sample ratios can be selected during business process creation?
Response:

QUESTION 23
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
Response:

QUESTION 24
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled. Which statement is true?
Response:

QUESTION 25
Which four items are active components of the Currency dimension?
(Choose four.)
Response:

QUESTION 26
Which three fields must be defined when registering a file-based source system in Data Management?
(Choose three.)
Response:

QUESTION 27
You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?
Response:

QUESTION 28
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?

QUESTION 29
Which statement is FALSE when setting up Shared Entities?

QUESTION 30
Three child entities – P, Q, and R – of a mid-level parent entity – AceCo – have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?
Response:

QUESTION 31
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this?
Response:

QUESTION 32
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
Response:

QUESTION 33

PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2’s debit balance?
Response:

QUESTION 34
Which statement correctlydescribes when a consolidation can occur within a given year/scenario?