1Z0-1081-20 Online Practice Questions and Answers

Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

A. Source Type

B. Drill URL

C. Cloud Type

D. Description

E. Name

Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

A. Scenario, Account, Base Entity and Parent Entity

B. Year, Scenario, Base Entity and Account

C. Scenario, View, Parent Entity and Account

D. Period, Scenario, Base Entity and Parent Entity

Which statement correctly describes the Consolidation dimension?

A. The dimension contains members to store non-controlling interest and joint venture data.

B. The dimension uses a separate member to store data from an entity's descendants.

C. The dimension allows users to see input versus journal adjustment data.

D. The dimension aggregates input, consolidated, and elimination data together.

Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

A. FCCS_Amount_Override

B. FCCS_Rate Override

C. FCCS_Contribution

D. FCCS_Proportion

E. FCCS_Elimination

F. FCCS_Translation

When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

A. Member Formulas cannot be created

B. load data to this account and make member formulas

C. load data to this account D. create Member Formulas

Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report. Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)

A. FCCS_Accounts Payable account member

B. FCCS_CashFlow_Operating movement member

C. FCCS_CashFlow_Accounts Payable account member

D. FCCS_Total Balance Sheet ?Cash and NonCash account member

E. FCCS_CashChange movement member

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?

A. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany

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

C. Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1

D. Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1

Which statement is true regarding Data Management categories?

A. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab

B. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.

C. Application mapping is not required if the global mapping target category is exactly correct.

D. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.

A company has two subsidiaries with 1000 EURO each in the Cash account. Which four Consolidation Members will reflect 2000 EURO at the company's balance? (Choose four.)

A. FCCS_Elimination

B. FCCS_Proportion

C. FCCS_Entity Input

D. FCCS_Entity Consolidation

E. FCCS_Entity Total

F. FCCS_Contribution

Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?

A. Period, Year, Entity

B. From Currency, Movement, Scenario

C. Multi-GAAP, Data Type, Intra-company

D. Value, Entity, Account

E. Data source, Consolidation, View

You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules. Which type of report can you run to accomplish this?

A. Consolidation Report

B. Journal Report

C. Intercompany Report

D. Financial Report

How can the Intercompany dimension be enabled within your application?

A. In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.

B. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.

C. During application creation, select the Intercompany Data option.

D. In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.

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

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

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

C. Load detailed Fixed Asset data to Movement members.

D. Add custom Movement members to the FCCS_CashFlow hierarchy.

E. Create a Roll Forward in the account dimension.

Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A. pre-built integrations to combine narrative and data to produce both internal and external reporting packages

B. calculations, dashboards and reports to provide analysis for cash flow modeling

C. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow

D. calculations, dashboards and reports built on planning frameworks to provide cash flow planning

What information is included in the data extract export file delimited format?

A. the ID of the user performing the extract

B. the domain and application name

C. the data load cube name

D. the application name