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Oracle Financial Consolidation and Close 2024 Implementation Essentials: 1Z0-1081-24

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Oracle Financial Consolidation and Close 2024 Implementation Essentials: 1Z0-1081-24

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  • Vendor: Oracle
  • Exam Code: 1Z0-1081-24
  • Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Essentials
  • Certifications: Oracle Cloud
  • Total Questions: 116 Q&As
  • Updated on: Nov 11, 2024
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1Z0-1081-24 Online Practice Questions and Answers

Questions 1

What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

A. Store

B. Never Share

C. No Rate

D. Dynamic Calc and Store

E. Dynamic

Show Answer

Questions 2

PQR Company has the ownership structure shown above. If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?

A. First common parent

B. Generation 0

C. First order relation

D. Lowest common denominator

Show Answer

Questions 3

Which two statements are true regarding the Copy Data function?

A. You can copy data for historical rate and amount overrides.

B. You cannot select which Account members to copy.

C. You can select which Consolidation dimension member to copy.

D. When you select the Regular Data option, journals data is included.

Show Answer More Questions

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