Free Practice Oracle 1D0-1081-24-D Exam Questions 2025

Stay ahead with 100% Free Oracle Financial Consolidation and Close 2024 Implementation Professional - Delta 1D0-1081-24-D Dumps Practice Questions

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Total 124 Questions | Updated On: Mar 05, 2025

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Question 1

To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS)

which security rights are required?

A : Metadata Administrator

B : Metadata Supervisor

C : System Administrator

D : Power User

Answer: A

Question 2

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 properaccounting 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.

Answer: A,C

Question 3

What is the primary function of enabling the Track Intercompany Elimination option during the application

creation?

A : enables the Elimination member in the Consolidation dimension

B : process will separate total elimination values by Data Source.

C : enables the application to include Intercompany data.

D : enables the application to perform Intercompany eliminations

Answer: B

Question 4

Which statement is FALSE when enabling a Multi-GAAP application?

A : Two custom dimensions are available after enabling Multi-GAAP.

B : The Multi-GAAP dimension is optional.

C : The system automatically creates an FCCS_IFRS member.

D : Additional GAAP adjustment can be created.

Answer: A

Question 5

A client company has expanded quickly in the past year and has recognized the need to move their financial

team off spreadsheets and to a more verifiable and automated solution.

Which two requirements from this team would Oracle’s Financial Consolidation and Close Cloud Service

satisfy? (Choose two.)

A : robust consolidation engine that provides automated aggregations, intercompany eliminations andtranslations without requiring a strong IT footprint

B : dashboard reporting with daily revenue comparisons and KPI’s that measure cost controls

C : leverage compliance efforts to fix process issues across all businesses and provide oversight for riskawareness

D : a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjustdata, monitor the close status and view data and compliance results in dashboards

E : provide the ability to collaborate during close and analyse transaction detail in real time

Answer: A,D

Page: 1 / 25

Total 124 Questions | Updated On: Mar 05, 2025

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