Free Oracle 1Z0-1081-26 Exam Questions

Become Oracle Certified with updated 1Z0-1081-26 exam questions and correct answers

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Total 168 Questions | Updated On: Oct 24, 2026

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Question 1

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_EntityInputmember might be different than the data in the FCCS_Proportion member?

A : A rate was entered into the FCCS_Rate Override account.

B : An ownership percentage for the entity other than 100 was entered.

C : An intercompany elimination was performed.

D : The parent entity has a different currency than the child.

Answer: B

Question 2

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

Question 3

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

A : Account

B : From Currency

C : Entity

D : Currency

Answer: B

Question 4

Which statement is FALSE when setting up Shared Entities?

A : The calculation status will not change in all instances when data is changed in one instance.

B : The Data Storage Member Property must set to “Dynamic Calc”.

C : You build an alternate hierarchy by using partial share Entity members.

D : When data is posted to one shared entity, the data is posted to all instances.

Answer: A

Question 5

In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A : Account

B : Year

C : Scenario

D : Data Source (Entity)

E : Period

Answer: B,C,D,E

Page: 1 / 34

Total 168 Questions | Updated On: Oct 24, 2026

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