Free Oracle 1z0-983 Exam Dumps Questions & Answers

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

• A.  Add custom members for Additions and Disposals as dependents of
  FCCS_Mvmts_CapitalExpenditures.
• B.  Add custom Movement members to the FCCS_CashFlow hierarchy.
• C.  Create a Roll Forward in the account dimension.
• D.  Load detailed Fixed Asset data to Movement members.
• E.  Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?

• A.  A translation to the USD_Reporting currency member for Company IOU
• B.  A consolidation of Company XYZ
• C.  A translation of Company IOU
• D.  A consolidation of Company 123
• E.  A translation of Company XYZ to Parent Currency

Which statement correctly describes when a consolidation can occur within a given year/scenario?

• A.  The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
• B.  An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
• C.  The current period consolidation status is Impacted and the remaining periods are OK.
• D.  A user with power user access first locks the entity so that other users cannot consolidate the same entity.
• E.  A user has a power user access but only write access to the entity.

What is the primary function of enabling the Track Intercompany Elimination option during the application creation?

• A.  enables the Elimination member in the Consolidation dimension
• B.  enables the application to include Intercompany data.
• C.  enables the application to perform Intercompany eliminations
• D.  process will separate total elimination values by Data Source.

Which statement is false regarding establishing security for Financial Consolidation and Close (FCCS)?

• A.  Security is mandatory for one dimension.
• B.  Security can be disabled for any dimension.
• C.  The Identity Domain Administrator inherits full access privileges.
• D.  All members are accessible for dimensions with no security applied.
• E.  Security can be assigned at a parent level.