Vendor: Oracle
Exam Code: 1Z0-1081-22
Exam Name: Oracle Financial Consolidation and Close 2022 Implementation Professional
Certification: Oracle Certifications
Total Questions: 116 Q&A
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Details)
Updated on: Jun 14, 2026
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Which explains why the Currency dimension does NOT display in your application?
A. Security access to the Multi-GAAP dimension is required
B. Multi-Currency option was not selected at application creation
C. Entity-specific security rights were not properly granted
D. Security has not been granted
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?
A. Plug Account
B. Intercompany Account
C. Is Plug Account
D. Intercompany Entity
Three child entities – P, Q, and R – of a mid-level parent entity – AceCo – have account receivables in the
amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance
amount at AceCo not to be 60?
A. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
B. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
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