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  1. Home
  2. Oracle Certification
  3. 1Z0-1081-21 Exam
  4. Oracle.1Z0-1081-21.v2022-09-28.q80 Dumps
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Question 16

How do you enable multiple currencieswithin a Financial Consolidation and Close (FCCS) application?

Correct Answer: A
Explanation/Reference:
Enable a dimension for Currency after application creation via a Metadata load.
Reference:https://alexandertechniqueworkshops.com/5dmqxf1u/55aba3-fccs-currency-dimension
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Question 17

Which statement is FALSE when Intercompany Data is enabled?

Correct Answer: C
Explanation/Reference:Explanation:Elimination data applies to all children, including children with a different Domicile than the Parent, a blendedrate is entered at the Parent Entity's domicile. If you want to disable the elimination global rules, do not enterrates at the Parent entity.
Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/ admin_tax_automation_intercompany_eliminations_100x084ae29f.html
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Question 18

Which statement about the Equity Pickup feature is FALSE?
Response:

Correct Answer: B
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Question 19

Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)

Correct Answer: A,C
Reference:https://www.bisptrainings.com/pdf/pdf_docs/OracleFCCSGettingStartedGuideII-20191116111928.pd
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Question 20

Which three are seeded data forms created during business process creation?

Correct Answer: A,D,E
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