1Z0-1081-22 Online Practice Questions and Answers

Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

A. The Cash Change hierarchy cannot be modified.

B. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.

C. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.

D. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.

E. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.

F. Siblings can be added to the FCCS_CashFlow_Investing member.

How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?

A. Drill-back to SDM is not an available feature.

B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.

C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.

D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.

Which statement is FALSE when enabling a Multi-GAAP application?

A. Two custom dimensions are available after enabling Multi-GAAP.

B. The Multi-GAAP dimension is optional.

C. The system automatically creates an FCCS_IFRS member.

D. Additional GAAP adjustment can be created.

Which statement is FALSE when Intercompany Data is enabled?

A. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.

B. Tracking intercompany eliminations is optional.

C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.

D. Intercompany accounts are assigned plug accounts.

In the Movement dimension, for which two can you modify the default translation calculation?

A. Base-level members under FCCS_Mvmts Subtotal

B. Opening Balance

C. Closing Balance

D. Opening Balance Input

You are required to create a form that allows users to input data. Which three actions are consistent with this?

A. In the member selection for Entity, do not include shared entities, include only primary instances of entities.

B. Select level 0 dimension members for the POV, rows, and columns.

C. Set the currency on the form to Parent Currency.

D. Grant the data input users WRITE access to the dimension members used on the form.

E. Set the consolidation member on the form to FCCS_Entity Input.

What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?

A. Base Currency

B. Parent Currency

C. Local Currency

D. Entity Currency

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

A. Security can be assigned at a prevent level.

B. Security is mandatory for one 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 disabled for any dimension.

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

A. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.

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

C. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.

D. The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.

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