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Vendor: Oracle
Exam Code: 1Z0-1081-24
Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Essentials
Certification: Oracle Cloud
Total Questions: 116 Q&A
Updated on: Dec 16, 2024
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How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
A. Enable a dimension for Currency after application creation via a Metadata load.
B. During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.
C. During application creation, select the Multicurrency option of "Yes".
D. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
Which statement is false regarding establishing security for Financial Consolidation and Close?
A. Security can be assigned at a prevent level.
B. Security is mandatory for one dimension.
C. The Identity Domain Administrator inherits full access privileges.
D. All members are accessible for dimensions with no security applied.
E. Security can be disabled for any dimension.
For your business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
A. Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in Calculation Manager.
B. Click Configurable Consolidation on the Consolidation Process page and create a Configurable Consolidation rule-set.
C. Edit the numbers using a web form or Smart View after consolidating.
D. Create an on-demand rule in Calculation Manager that you run after consolidation.
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