[Dec-2025] Oracle 1Z0-1081-24 Exam Basic Questions With Answers [Q83-Q99]

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[Dec-2025] Oracle 1Z0-1081-24 Exam: Basic Questions With Answers

New 2025 Realistic Free Oracle 1Z0-1081-24 Exam Dump Questions and Answer

NEW QUESTION 83
When enabling Multi-GAAP during application creation, which additional option is available?

Automatically calculate adjustment

Allow adjustments for IFRS

Track Multi-Source Data Input

Include Supplemental Data

NEW QUESTION 84
The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

PQR

H 1 and P 2

Hickory and Paducah

No elimination is performed, because H 1 and P 1 do not have the same parent.

NEW QUESTION 85
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this? (Choose three.)

Set the consolidation member on the form to FCCS Entity Input.

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

Select level 0 dimension members for POV rows, and columns. www*’

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

Set the currency on the form to Parent Currency.

NEW QUESTION 86
A company
would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?

Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.

Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.

Load detailed Fixed Asset data to Movement members.

Add custom Movement members to the FCCS_CashFlow hierarchy.

Create a Roll Forward in the account dimension.

NEW QUESTION 87
When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)

ERP Cloud

Supplemental Data

Data Management

ERP r12

NEW QUESTION 88
Which three scenarios result in foreign currency translation during the default consolidation process?

A parent entity has a different default currency than its parent.

A parent entity has the same default currency as its parent.

A base entity has a different default currency than its parent.

A base entity has the same default currency as its parent.

A shared entity has a different default currency than its parent

NEW QUESTION 89
Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

Local Rate

Average Rate

Opening Rate

Ending Rate

NEW QUESTION 90
P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?

There is no way to do a prior period entry like this.

January and February should be consolidated.

February should be consolidated, after which the cash at AceCo is now 65.

January should be consolidated for the change and nothing needs to happen for February.

NEW QUESTION 91
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?

Consolidation, Currency, Account

Currency, Account, Movement

Entity, Consolidation, Currency

Entity, Currency, Account

NEW QUESTION 92
If the
Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?

The FCCS_No Intercompany member of the ICP dimension is used for all data.

The ICP dimension is omitted.

An extra custom dimension is available.

Data can be stored by intercompany partner but no eliminations will occur.

NEW QUESTION 93
To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

Period and Year

View

Period, Year, and View

Period

NEW QUESTION 94
Which statement is true of reporting currencies?

During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency.

When you run the Consolidate business rule, you can select one or more reporting currencies to translate to.

All input currencies that you add are automatically added as reporting currencies as well.

All reporting currency members have the suffix Reporting.

NEW QUESTION 95
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2’s debit balance?

Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany

Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1

Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1

Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1

NEW QUESTION 96
Which customization can you perform on the Navigation Flows page?

Set a default POV by user group.

Add or Hide cards.

Select a color scheme.

Select a data form to display at start up based on user group.

NEW QUESTION 97
Which option 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 98
Which statement is FALSE about Task Manager schedules?

You can still add tasks to a schedule that has been closed.

Users can still complete tasks in a schedule that has been closed.

You can re-open a schedule that has been locked.

To start all the tasks in a schedule, you must change the status from Pending to Open.

NEW QUESTION 99
Which two statements are true about the Multi-GAAP feature? (Choose two.)

When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.

Select this option if you need to report your financial statements only in IFRS.