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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q172-Q177):

NEW QUESTION # 172
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

A. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
B. the third Friday of each month to apply to both TEST and PROD simultaneously
C. the first and third Friday of each month; first Friday for TEST and third Friday for PROD
D. the first and third Monday of each month; first Monday for TEST and third Monday for PROD

Answer: C

NEW QUESTION # 173
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)

A. Retrieve data
B. Submit data
C. Run a rule such as Consolidate or Translate
D. Adjust data with Journals

Answer: A,B,C

NEW QUESTION # 174
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?

A. The current FCCS_CTA account balance does not change from the prior period
B. A variance in the Average rate and the Ending rate
C. The account is FCCS_Net Income
D. Movement of FX impact for historical rate accounts to the FCCS_CTA account

Answer: A

NEW QUESTION # 175
Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A. If a shared member is selected for a rule, the primary instance of the member is selected as well.
B. Selecting a shared member for a rule does not include its primary instance.
C. If the primary instance of the member is selected for a rule, all shared members for the instances are included.
D. Selecting the primary instance of a member does not include shared members.

Answer: B,C

Explanation:
The following statements are true about shared members in Valid Intersection rules:
If the primary instance of the member is selected for a rule, all shared members for the instances are included. This means that data can be entered or calculated for any shared member of the primary member.
Selecting a shared member for a rule does not include its primary instance. This means that data can be entered or calculated only for the specific shared member, not for the primary member or other shared members. The other statements are not true about shared members in Valid Intersection rules. If a shared member is selected for a rule, the primary instance of the member is not selected as well. Selecting the primary instance of a member does include shared members.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 69; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-6.

NEW QUESTION # 176
You are
required to create a form that allows users to input dat
a. Which three actions are consistent with this?

A. Select level 0 dimension members for the POV, rows, and columns.
B. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
C. Set the consolidation member on the form to FCCS_Entity Input.
D. Set the currency on the form to Parent Currency.
E. Grant the data input users WRITE access to the dimension members used on the form.

Answer: A,C,E

Explanation:
For bottom-up versions, rows and columns with level 0 members allow data entry.
Administrators have write access to all dimension members and to all forms.
form_design_considerations.html
https://docs.oracle.com/cd/E57185_01/AGOHP/acc_assg.html

NEW QUESTION # 177
......

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Quiz Oracle - 1Z0-1081-24 - Oracle Financial Consolidation and Close 2024 Implementation Professional Newest Exam Vce Format

Try Oracle 1Z0-1081-24 Questions To Clear Exam in First Endeavor

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q172-Q177):

2025 Oracle Updated 1Z0-1081-24: Oracle Financial Consolidation and Close 2024 Implementation Professional Exam Vce Format

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Ted Ward Ted Ward

Biography

Quiz Oracle - 1Z0-1081-24 - Oracle Financial Consolidation and Close 2024 Implementation Professional Newest Exam Vce Format

Try Oracle 1Z0-1081-24 Questions To Clear Exam in First Endeavor

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q172-Q177):

2025 Oracle Updated 1Z0-1081-24: Oracle Financial Consolidation and Close 2024 Implementation Professional Exam Vce Format

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