Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials - 1z1-983 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Which explains why the Currency dimension does NOT display in your application?

A. Security access to the Multi-GAAP dimension is required B. Multi-Currency option was not selected at application creation C. Security has not been granted D. Entity-specific security rights were not properly granted

Discussion 0

Correct Answer: B Vote an answer

Question 2

When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

A. Image B. Header C. Grid D. Chart

Discussion 0

Correct Answer: B Vote an answer

Question 3

On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

A. the first and third Monday of each month; first Monday for TEST and third Monday for PROD B. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD C. the third Friday of each month to apply to both TEST and PROD simultaneously D. the first and third Friday of each month; first Friday for TEST and third Friday for PROD

Discussion 0

Correct Answer: D Vote an answer

Question 4

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

A. Report performance B. Suppress missing blocks C. Expanded vs. single data segments D. Designing dynamic reports

Discussion 0

Correct Answer: B Vote an answer

Question 5

Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?

A. Supplemental Data Management B. Process Management C. Data Management D. Account Reconciliation Management E. Financial Close Management

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Correct Answer: D Vote an answer

Question 6

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

A. the data load cube name B. the application name C. the ID of the user performing the extract D. the domain and application name

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Correct Answer: B Vote an answer

Question 7

To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?

A. Intercompany Accounts B. Intercompany Plug Accounts C. Intercompany Partners D. Elimination Consolidation Dimension member

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Correct Answer: C Vote an answer

Question 8

Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

A. Scenario, View, Parent Entity and Account B. Year, Scenario, Base Entity and Account C. Period, Scenario, Base Entity and Parent Entity D. Scenario, Account, Base Entity and Parent Entity

Discussion 0

Correct Answer: C Vote an answer

Question 9

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

A. If a base member is included in a valid intersection rule, then any shared member is not included in the rule B. Shared members are not supported in valid intersection rules C. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule D. Shared members are supported in valid intersection rules

Discussion 0

Correct Answer: D Vote an answer