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Oracle 1z0-1081-22 Exam Syllabus Topics:TopicDetailsTopic 1Build Out Your Financial Consolidation and Close Solution Create journal, intercompany, and consolidation reportsTopic 2Enter exchange rates and historical override rates and amounts Describe the Account, Entity, and Scenario dimensionsTopic 3Assign security access to dimension members Describe valid and invalid intersection rulesTopic 4Configure the default translation method and default rate accounts Run the setup wizard for the FCC business processTopic 5Assign approval groups to an approval unit hierarchy Add members to the Currency and Movement dimensionsTopic 6Configure Opening and Closing Balance System Rules Explain Intercompany Entity Aggregation OptionsTopic 7Create consolidation journals and consolidation journal templates Describe Financial Consolidation and Close features
Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions (Q67-Q72):

NEW QUESTION # 67
You have
created a navigation flow named Analysts that should be the default navigation for users in the Analysts user group.
How can the Analysts navigation flow be made the default for the Analysts user group?

A. In Application Settings, assign Analysts to the Analysts user group in the System Settings section.B. In the Analysts navigation flow, select the Analysts user group in the Assign To field.C. Because the navigation flow was given exactly the same name as the user group, it is assigned automatically to the groupD. In their User Preferences settings, members of the Analysts user group should select Analysts in the Navigation Flow list.

Answer: B

Explanation:
Assign to assigns the navigation flow to a group of users or to a role.
Reference:
editing_a_navigation_flow_114xdb21ceb5.html


NEW QUESTION # 68
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled?

A. Consolidation PercentageB. Consolidation MethodC. Minority Interest PercentageD. ControlE. Ownership Percentage

Answer: A

Explanation:
The Consolidation Method and Control setting can be manually changed if needed.


NEW QUESTION # 69
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?

A. The Intercompany Alias is automatically changed to the new Entity Alias.B. The Intercompany Alias is set to the Entity Name.C. The Intercompany Alias is automatically set to the Intercompany Name.D. The Intercompany Alias is not automatically changed to the new Entity Alias.

Answer: A


NEW QUESTION # 70
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?

A. Metadata AdministratorB. System AdministratorC. Metadata SupervisorD. Power User

Answer: A

Explanation:
Service Administrators have Write access to all dimension members and to all forms.


NEW QUESTION # 71
Which statement is FALSE when setting up Shared Entities?

A. The Data Storage Member Property must set to "Dynamic Calc".B. The calculation status will not change in all instances when data is changed in one instance.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: B


NEW QUESTION # 72
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