Higher Test Marks with Free Online 1Z0-1081-25 Exam Practice

Assess the CertsIQ’s updated 1Z0-1081-25 exam questions for free online practice of your Oracle Financial Consolidation and Close 2025 Implementation Professional test. Our 1Z0 1081 dumps questions will enhance your chances of passing the Oracle Financial Consolidation and Close certification exam with higher marks.

Question 1

To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

Options :

A : Period and Year

B : View

C : Period, Year, and View

D : Period

Answer: A

Question 2

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity

Input

member might be different than the data in the FCCS_Proportion member?

Options :

A : A rate was entered into the FCCS_Rate Override account.

B : An ownership percentage for the entity other than 100 was entered.

C : An intercompany elimination was performed.

D : The parent entity has a different currency than the child.

Answer: B

Question 3

Which three are seeded data forms created during business process creation?

Options :

A :

Exchange Rate Multi-period

B :

Override Rates

C :

Shares Outstanding

D :

Data Status

E : Headcount

Answer: A,B,D

Question 4

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 day range should you define?

Options :

A : Day -3 to Day 4

B :

Day -3 to Day 3

C :

Day 1 to Day 7

D :

Day -2 to Day 4

Answer: B

Question 5

Which statement is FALSE when setting up Shared Entities?

Options :

A :

The calculation status will not change in all instances when data is changed in one instance.

B :

The Data Storage Member Property must set to “Dynamic Calc”.

C :

You build an alternate hierarchy by using partial share Entity members.

D :

When data is posted to one shared entity, the data is posted to all instances.

Answer: A