Updated May-2022 Exam 1Z0-1081-21 Dumps – Pass Your Certification Exam [Q57-Q76]

NEW QUESTION 57
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
Response:

Drill-back to SDM is not an available feature.

Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.

By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.

By selecting Track Multi-source Data Input option for Other Data during the application creation process.

NEW QUESTION 58
You are required to create a form that allows users to input data. Which three actions are consistent with this?

In the member selection for Entity, do not include shared entities, include only primary instances of entities.

Select level 0 dimension members for the POV, rows, and columns.

Set the currency on the form to Parent Currency.

Grant the data input users WRITE access to the dimension members used on the form.

Set the consolidation member on the form to FCCS_Entity Input.

NEW QUESTION 59
For your business process, owners of approval units should be able to lock and unlock data without going.
through an approval process.
Which action should you perform?

Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.

Select the Consolidation template when setting up the Approval Unit hierarchy.

Delete the default Approval Unit hierarchy.

Select as owners only userswith the Service Administrator or Power User security role.

NEW QUESTION 60
Whencreating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE ‘CAR_%’ THEN ‘AUTO_SALES’
ELSE ‘SALES’
Which statement is True?

The script can be eliminated byusing a multi-dim map on the Product dimension that also looks for the account Sales.

The script will work if the script is referenced in the In mapping type with #SQL as the target.

The script will not work since Data Management does not support scripting.

The script will not work since the UD5 member referenced does not start with FCCS_

The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.

NEW QUESTION 61
You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?
Response:

The task will not run.

An error, you can’t add a new task past the due date.

The new task will run outside of the schedule end date.

The schedule end date changes to match the end date of the task.

NEW QUESTION 62
You need to define a form that requires users to select the entity for which to view data from a list thatincludes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?

the Point of View

rows

columns

the Page Axis

NEW QUESTION 63
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 translation to theUSD_Reporting currency member for Company IOU

A translation of Company IOU

A consolidation of Company 123

A consolidation of Company XYZ

A translation of Company XYZ to Parent Currency

NEW QUESTION 64
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?
Response:

enables the Elimination member in the Consolidation dimension

process will separate total elimination values by Data Source.

enables the application to include Intercompany data.

enables the application to perform Intercompany eliminations

NEW QUESTION 65
On what days during the month doesOracle apply patch updates to fix bugs, apply code optimizations, and add new features?

the third Friday of each month to apply to both TEST and PROD simultaneously

the first and third Monday of each month; first Monday for TEST and third Mondayfor PROD

the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD

the first and third Friday of each month; first Friday for TEST and third Friday for PROD

NEW QUESTION 66
Which statement is true regarding shared members and valid intersection rules?

Shared members are supported in valid intersection rules

If a shared member is selected for a valid intersection rule, then the base member is not included in the rule

If a base member is included in a valid intersection rule, then any shared member is not included in the rule

Shared members are not supported in valid intersection rules

NEW QUESTION 67
Which two statements are true of the roll forward calculation in the Movement dimension?
Response:

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

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

Values for Opening Balance are retrieved from the prior period Closing Balance.

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

NEW QUESTION 68
Which item describes the use for the Currency dimension property Triangulation Currency?

The ability to force translations

The ability to report in multiplecurrencies

The ability to calculate foreign exchange rates

The ability to calculate CTA (Cumulative Translation Adjustment)

The ability to input foreign exchange rates

NEW QUESTION 69
When defining a batch inData Management, which statement is True?

Each data load rule must specify the period or the batch will default to the POV period.

Batches can import from source or export to target, but not both.

Batches can execute data loads for multiplelocations.

A batch replaces the need for data load rules.

A batch can load to multiple plan types.

NEW QUESTION 70
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
Response:

Movement of FX impact for historical rate accounts to the FCCS_CTA account

The current FCCS_CTA account balance does not change from the prior period

A variance in the Average rate and the Ending rate

The account is FCCS_Net Income

NEW QUESTION 71
What information is included in the data extract export file delimited format?

the ID of the user performing the extract

the domain and application name

the data load cube name

the application name

NEW QUESTION 72
Which statement is true of the default FCCS_ members within an application?
Response:

You can change the default FCCS_ member prefix at application creation.

You can change the Alias.

You can change the Data Storage property.

You can change the Name.

NEW QUESTION 73
For which three dimensions is security enabled by default?

Data Source

Entity

Consolidation

Scenario

Account

NEW QUESTION 74
Which two statements are true of the roll forward calculation in the Movement dimension?

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

Translated values for ClosingBalance are adjusted to the ending rate for the period.

Values for Opening Balance are retrieved from the prior period Closing Balance.

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

NEW QUESTION 75
Whichoption can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?

3-3-3-3

3-3-3-4

4-4-4-4

4-4-4-5

NEW QUESTION 76
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary’s functional currency is USD.
Which two items facilitate the reporting of the subsidiary’s Common Stock balance at an historical rate in the GBP reporting currency?
(Choose two.)
Response:

The subsidiary must have a balance not equal to zero in Common Stock.

USD must be created as a reporting currency.

Common Stock must have a Data Storage property set to Never Share.

Common Stock must have an Exchange Rate Type set to Historical Rate Override.

The subsidiary must have a parent entity with a GBP currency.

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