Oracle 1z0-1081-20 Exam Questions

Question 6 of 59

Which statement is FALSE when Intercompany Data is enabled?

The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.

Tracking intercompany eliminations is optional.

In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

Intercompany accounts are assigned plug accounts.

Correct Answer: C

Question 7 of 59

Which statement about the Equity Pickup feature is FALSE?

Seeded rule-sets are provided for Equity Pickup.

Equity Pickup rules run as part of the consolidation process.

Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.

Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.

Correct Answer: B

Question 8 of 59

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?

An error, you cannot add a new task past the due date.

The task will not run.

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

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

Correct Answer: D

Question 9 of 59

Which four sample ratios can be selected during business process creation?

Inventory Ratios

Gross Margin

Contribution Margin

Earnings per Share

Debt Ratio

Days Sales in Receivables

Correct Answer: A, B, E, F

Question 10 of 59

Which three combinations of dimensions could be valid for a Financial Consolidation and Close business process?

Multi-GAAP, Data Type, Intra-company

Data Source, Consolidation, View

Period, Year, Entity

Currency, Movement, Scenario

Value, Entity, Account

Correct Answer: B, C, D