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Oracle 1Z0-1081-24

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Exam contains 55 questions

Page 3 of 10
Question 13 🔥

Average Rate Which statement accurately describes alternate hierarchies?

Question 14 🔥

Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?

Question 15 🔥

D. Intercompany accounts are assigned plug accounts. Explanation: Elimination data applies to all children, including children with a different Domicile than the Parent, a blended rate is entered at the Parent Entity's domicile. If you want to disable the elimination global rules, do not enter rates at the Parent entity. Reference: https://docs.oracle.com/en/cloud/saas/tax -reporting -cloud/agtrc/ admin_tax_automation_intercompany_eliminations_100x084ae29f.html Which statement about the Equity Pickup feature is FALSE?

Question 16 🔥

C. Contribution Margin D. Earnings per Share E. Debt Ratio F. Days Sales in Receivables Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?

Question 17 🔥

Rate for the prior period is used. Opening balance is calculated from the prior period's Closing Balance. Reference: https://docs.oracle.com/en/cloud/saas/financial -consolidation - cloud/agfcc/built_in_calculations.html https://docs.oracle.com/en/cloud/saas/financial -consolidation - cloud/agfcc/built_in_calculations.html In the Movement dimension, for which two can you modify the default translation calculation?

Question 18 🔥

Which statement is correct regarding intercompany eliminations?

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