Free Oracle 1D0-1081-24-D Exam Questions

Become Oracle Certified with updated 1D0-1081-24-D exam questions and correct answers

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Total 124 Questions | Updated On: Jun 18, 2025

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Question 1

UESTION NO: 64

An entity’s Common Stock balance is made up of data loaded through Data Management and an adjusting

journal entry posted in the application. The Common Stock balance must not re-translate each month.

What two data entries need to happen to have the Common Stock balance bypass the default translation of

equity accounts? (Choose two.)

A : Data entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation dimension and the Data Source member FCCS_Managed Data.

B : A journal entry to reverse the adjusted Common Stock balance with the Data Source memberFCCS_Journal Input.

C : A journal entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation dimension and the Data Source member FCCS_Journal Input.

D : Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and theData Source member FCCS_Data Input.

Answer: B,D

Question 2

Which of the following is allowed for accounts with the data storage type of “Dynamic Calc”?

A : Load data to this account.

B : Create member formulas.

C : Load data to this account and create member formulas.

D : Enter data through a data form

Answer: C

Question 3

Which two statements are true about Cash Flow in the Movement dimension?

A : When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a sharedmemberto the FCCS_CashFlow hierarchy.

B : The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlowhierarcy.

C : You can add shared members to the FCCS_CashChange hierarchy.

D : The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the FCCS_CashFlow hierarchy.

Answer: A,B

Question 4

A company is based in the United Kingdom and has an application currency set to GBP. The company collects

data from a United States based subsidiary. The subsidiary’s functional currency is USD.

Which two items facilitate the reporting of the subsidiary’s Common Stock balance at an historical rate in the

GBP reporting currency? (Choose two.)

A : Common Stock must have an Exchange Rate Type set to Historical Rate Override.

B : The subsidiary must have a balance not equal to zero in Common Stock.

C : Common Stock must have a Data Storage property set to Never Share.

D : USD must be created as a reporting currency.

E : The subsidiary must have a parent entity with a GBP currency.

Answer: A,B

Question 5

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.

Answer: A

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Total 124 Questions | Updated On: Jun 18, 2025

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