Oracle 1Z0-1081-23 Quiz 1 Topic 1 Questions 1-5

Question: 1

Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

AYou must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.

BYou can include Data Management artifacts in the clone.

CThe most recent Artifact Snapshot created by daily maintenance is used for the snapshot.

DYou can include the inbox and outbox contents in the clone.

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Question: 2

Which statement is true about an approval process with the Phase Dependency option enabled?

AData for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

BData for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

CData for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

D'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

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Question: 3

Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

ALocal Rate

BAverage Rate

COpening Rate

DEnding Rate

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Question: 4

Where in Data Integration do you specify the default member for the Multi-GAAP dimension?

AWorkbench

BOptions tab of the Application Details dialog box

CExecute Integration dialog box

DLocation Attributes section of the Create Integration dialog box

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Question: 5

Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

ATranslated values for Closing Balance are adjusted to the ending rate for the period.

BValues for Opening Balance are retrieved from the prior period's Closing Balance.

CData for opening balances must be loaded to the Opening Balance member prior to consolidation.

DValues for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.

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Oracle 1Z0-1081-23 Quiz:1 Topic:1 Questions:1-5