1Z0-1081-21 Exam Dumps – Our Features

When enabling Multi-GAAP during application creation, which additional option is available?

• Automatically calculate adjustment
  
• Allow adjustments for IFRS
  
• Track Multi-Source Data Input
  
• Include Supplemental Data
  

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

• Designing dynamic reports
  
• Expanded vs. single data segments
  
• Report performance
  
• Suppress missing blocks
  

Which twostatements are true of the roll forward calculation in the Movement dimension?

• Values for base-level Movement members are calculated as the difference between Closing Balance and
  Opening Balance.
  
• Translated values for Closing Balance are adjusted to the ending rate for the period.
  
• Values for Opening Balance are retrieved from the prior period Closing Balance.
  
• Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
  

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

• the ID of the user performing the extract
  
• the domain and application name
  
• the data load cube name
  
• the application name
  

Once metadatais updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?

• Impacted
  
• Need Translate
  
• OK
  
• System Changed (SC)
  

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

• The Cash Change hierarchy cannot be modified.
  
• All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
  
• The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
  
• Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
  
• Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
  
• Siblings can be added to the FCCS_CashFlow_Investing member.
  

PQR Company has the ownership structure shown above.If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?

• First common parent
  
• Generation 0
  
• First order relation
  
• Lowest common denominator
  

Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

• Ensure security of sensitive data.
  
• Integrate with source systems.
  
• Provide predictive analysis and modeling.
  
• Provide a strong compliance framework that includes auditing and segregation of duties.
  

Which two prebuilt calculations run on the Movement dimension to determine CTA by account?

• Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
  
• Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
  
• FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
  
• FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
  

For data load rules in Data Management, which two statements are FALSE?

• If specified, the import format will be used; if not, then the location's format will be used.
  
• A job must first run to import the data file before the user can run the data load rule.
  
• End users can upload a file when running a data load rule.
  
• Data load rules cannot be shared across locations.
  
• Valid load types are Merge and Replace.