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Oracle Exam 1Z0-1081-23 Topic 1 Question 4 Discussion

Actual exam question for Oracle's 1Z0-1081-23 exam
Question #: 4
Topic #: 1
[All 1Z0-1081-23 Questions]

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

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Suggested Answer: A, C, E

The three components that can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled are Consolidation Percentage, Ownership Percentage, and Consolidation Method. These components are part of the ownership details that define how an entity is consolidated with its parent entity. You can manually edit these components on the Manage Ownership page for each entity, scenario, year, and period. The other components, such as Control and Minority Interest Percentage, are not editable on the Manage Ownership page. They are either calculated automatically based on the ownership percentage or derived from the consolidation method.Reference:Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 25-26; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 5-6.


by Kenneth at Mar 16, 2024, 09:01 PM

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Katy
7 months ago
Well, Control can actually be manually edited in the Manage Ownership page.
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Sharen
7 months ago
I'm not sure about B, Control. It doesn't sound like something that can be manually edited.
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Reed
7 months ago
I agree with Katy, those options make sense.
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Katy
7 months ago
I think the answer is A, B, and C.
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