Download Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials.1z0-983.Prep4Sure.2018-10-19.33q.vcex

Vendor: Oracle
Exam Code: 1z0-983
Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Date: Oct 19, 2018
File Size: 31 KB
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Demo Questions

Question 1
For which three tasks can Data Management be used? (Choose three.)
  1. loading data that is period-to-date or year-to-date
  2. drilling through from a web form or Smart View
  3. loading data from a fixed width or delimited text file
  4. writing back data to source systems
  5. loading a Metadata Import File
Correct answer: BCD
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/data_loads_and_write-back.html
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/data_loads_and_write-back.html
Question 2
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object? 
  1. Chart
  2. Grid
  3. Image
  4. Header
Correct answer: D
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/frweb/GUID-3559E92E-0EC6-42F8-BB48-97875171067E.pdf
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/frweb/GUID-3559E92E-0EC6-42F8-BB48-97875171067E.pdf
Question 3
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)
  1. The Cash Change hierarchy cannot be modified.
  2. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
  3. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
  4. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
  5. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
  6. Siblings can be added to the FCCS_CashFlow_Investing member.
Correct answer: CDEF
Question 4
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?
  1. enables the Elimination member in the Consolidation dimension
  2. process will separate total elimination values by Data Source.
  3. enables the application to include Intercompany data.
  4. enables the application to perform Intercompany eliminations
Correct answer: B
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf (32)
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf (32)
Question 5
Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application? (Choose three.)
  1. Period, Year, Entity
  2. From Currency, Movement, Scenario
  3. Multi-GAAP, Data Type, Intra-company 
  4. Value, Entity, Account
  5. Data source, Consolidation, View
Correct answer: ABC
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/consolidation_configurable_rules.html
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/consolidation_configurable_rules.html
Question 6
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
  1. FCCS_No Data Source
  2. FCCS_Data Input
  3. FCCS_SystemTypes
  4. FCCS_Proportion
Correct answer: D
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf (127)
Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf (127)
Question 7
Which four items are active components of the Currency dimension? (Choose four.)
  1. Entity Currency Adjustments
  2. Reporting Currencies
  3. Input Currencies
  4. Translated Currencies
  5. Entity Currency
  6. Parent Currency
Correct answer: ABCF
Explanation:
Question 8
What is the correct Currency dimension member to select when running an Intercompany Matching Report? 
  1. Input Currency
  2. Reporting Currency
  3. Entity Currency
  4. Parent Currency
Correct answer: B
Question 9
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
  1. Metadata Administrator
  2. Metadata Supervisor
  3. System Administrator
  4. Power User
Correct answer: A
Explanation:
Question 10
Which is true behavior of default FCCS_ members within an application?
  1. You can change the default FCCS_ member prefix at application creation.
  2. You can change the Alias of these default FCCS_ members at any time.
  3. You can change the Name of these default FCCS_ members at any time.
  4. You cannot change the Alias of these default FCCS_ members.
Correct answer: C
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