Smartly Prepare Exam with Free Online 1Z0-1081-25 Practice Test

We offer the latest 1Z0-1081-25 practice test designed for free and effective online Oracle Financial Consolidation and Close 2025 Implementation Professional certification preparation. It's a simulation of the real 1Z0-1081-25 exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Question 1

Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

Options :

A : Import journals

B : Run a business rule

C : Load a data file

D : Export metadata

Answer: A

Question 2

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

Options :

A : Exchange Rate Multi-period

B : Override Rates

C : Shares Outstanding

D : Data Status

E : Headcount

Answer: A,B,D

Question 3

Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

Options :

A : Scenario

B : Year

C : Entity

D : Period

E : Account

Answer: B,D

Question 4

Which statement correctly describes what happens to parent entities during consolidation?

Options :

A : Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities

B : Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

C : The changes in the relational database are synced to the underlying Essbase cube.

D : For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Answer: A

Question 5

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.)

Options :

A : Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals

B : Add custom members for Additions and Disposals as dependents ofFCCS_Mvmts_CapitalExpenditures.

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.

Answer: A,B,C