Free Oracle 1Z0-1081-24 Exam Questions

Become Oracle Certified with updated 1Z0-1081-24 exam questions and correct answers

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Total 168 Questions | Updated On: Jun 26, 2025

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Question 1

Which statement is true about an approval process with the Phase Dependency option enabled?

A : Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

B : Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

C : Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

D : Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

Answer: C,D

Question 2

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.)

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

Question 3

If the Alias of an Entity that marked as “Is Intercompany” and is later changed, what happens to the

corresponding Intercompany member Alias?

A : The Intercompany Alias is set to the Entity Name.

B : The Intercompany Alias is automatically changed to the new Entity Alias.

C : The Intercompany Alias is not automatically changed to the new Entity Alias.

D : The Intercompany Alias is automatically set to the Intercompany Name.

Answer: B

Question 4

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 intercompanyreceivable 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 intercompanyreceivable 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 intercompanyreceivable balance with Q.

D : P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompanyreceivable balance with Q.

Answer: C

Question 5

What member of the Currency dimension should be used during data entry for historical override amounts?

A : Parent Currency

B : Input Currencies

C : Reporting Currencies

D : Entity Currency

Answer: B

Page: 1 / 34

Total 168 Questions | Updated On: Jun 26, 2025

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