Exit demo 1Z0-983 Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials PDF format · free preview

Oracle 1Z0-983 - Questions & Answers

Free preview · every answer includes a full explanation

Product page: https://prepkeys.com/1z0-983.html

Question 1
Single choice

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.

Which process produces USD balances for Company IOU?

A.

A translation to the USD_Reporting currency member for Company IOU

B.

A translation of Company IOU

C.

A consolidation of Company 123

D.

A consolidation of Company XYZ

E.

A translation of Company XYZ to Parent Currency

Question 2
Single choice

Which statement is correct regarding intercompany eliminations?

A.

Intercompany eliminations are generally required to remove the effect of transactions within the company.

B.

Intercompany eliminations are required for sustainability reporting to show the company's waste output.

C.

Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.

D.

Intercompany eliminations are needed when a company divests itself of a division.

Question 3
Single choice

What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?

A.

Base Currency

B.

Parent Currency

C.

Local Currency

D.

Entity Currency

Question 4
Single choice

Which statement is false regarding establishing security for Financial Consolidation and Close (FCCS)?

A.

All members are accessible for dimensions with no security applied.

B.

The Identity Domain Administrator inherits full access privileges.

C.

Security is mandatory for one dimension.

D.

Security can be assigned at a parent level.

E.

Security can be disabled for any dimension.

Question 5
Multiple choice

Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

A.

Source Type

B.

Drill URL

C.

Cloud Type

D.

Description

E.

Name

Question 6
Single choice

When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.

Which statement is true?

A.

The FCCS_No Intercompany member of the ICP dimension will be used for all data.

B.

Data can be stored by intercompany partner but no eliminations will occur.

C.

An extra custom dimension will be available.

D.

The ICP dimension will be omitted.

Question 7
Multiple choice

For which three tasks can Data Management be used? (Choose three.)

A.

loading data that is period-to-date or year-to-date

B.

drilling through from a web form or Smart View

C.

loading data from a fixed width or delimited text file

D.

writing back data to source systems

E.

loading a Metadata Import File

Question 8
Single choice

You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.

Where on the form do you define the View dimension and select the correct member?

A.

a column

B.

Other Options section

C.

the Page Axis

D.

the Point of View

Question 9
Single choice

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

A.

Account

B.

From Currency

C.

Entity

D.

Currency

Question 10
Multiple choice

Which two statements are correct with regard to Data Management locations? (Choose two.)

A.

A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.

B.

Location security allows users to be provisioned in Shared Services for read or modify access to each location.

C.

Locations can share dimension member mappings by specifying a location as a parent location of others.

D.

The logic account group is required in order to effect running of calculations after the data load.

E.

Locations must specify an import format, which may be used by other locations.

F.

Data load rules can be shared across locations.

Showing 10 of 86 questions · Unlock the full set