Oracle 1Z0-1081-24 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1081-24
Exam Name/Title: Oracle Financial Consolidation and Close 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud

Exam Questions: 173
Updated On: Jul 14, 2026

Question #37

Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)

A. Comma delimited

B. Tab delimited

C. DAT file type

D. Excel XLS file type

Discussion 0

Correct Answer: A,B Vote an answer

Question #38

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

A. Designing dynamic reports

B. Expanded vs. single data segments

C. Report performance

D. Suppress missing blocks

Discussion 0

Correct Answer: D Vote an answer

Question #39

A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

A. Add custom Movement members to the FCCS_CashFlow hierarchy.

B. Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.

C. Create a Roll Forward in the account dimension.

D. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals

E. Load detailed Fixed Asset data to Movement members.

Discussion 0

Correct Answer: B,D,E Vote an answer

Question #40

How can
the Intercompany dimension be enabled within your application?

A. In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.

B. In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.

C. During application creation, select the Intercompany Data option.

D. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.

Discussion 0

Correct Answer: B Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #41

In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?

A. Movement of FX impact for historical rate accounts to the FCCS_CTA account

B. The current FCCS_CTA account balance does not change from the prior period

C. The account is FCCS_Net Income

D. A variance in the Average rate and the Ending rate

Discussion 0

Correct Answer: B Vote an answer

Question #42

Which two statements are true about Cash Flow in the Movement dimension?

A. The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow

B. You can add shared members to the FCCS_CashChange hierarchy.

C. When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member

D. The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the

Discussion 0

Correct Answer: A,C Vote an answer

Question #43

When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

A. Intercompany Account

B. Is Plug Account

C. Intercompany Entity

D. Plug Account

Discussion 0

Correct Answer: B Vote an answer

Question #44

What is the correct Currency dimension member to select when running an Intercompany Matching Report?

A. Reporting Currency

B. Input Currency

C. Entity Currency

D. Parent Currency

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #45

You need
a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?

A. Consolidation Report

B. Financial Report

C. Journal Report

D. Intercompany Report

Discussion 0

Correct Answer: A Vote an answer

Download Free Oracle 1Z0-1081-24 Demo

Simply submit your e-mail address below to get started with our free demo of your Oracle 1Z0-1081-24 exam.