Cyber Monday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location PL
Mob_nav_barsMENU

Oracle Exam 1Z0-1081-23 Topic 1 Question 5 Discussion

Actual exam question for Oracle's 1Z0-1081-23 exam
Question #: 5
Topic #: 1
[All 1Z0-1081-23 Questions]

For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

Show Suggested Answer Hide Answer
Suggested Answer: C

The statement that is false about when Intercompany Data is enabled is: All parent members in the Account dimension must have a Solve Order value of 58. This statement is not true because the Solve Order value of 58 is only required for the parent members of the Movement dimension, not the Account dimension. The Solve Order value determines the order of calculation for members with formulas. The Movement dimension uses a Solve Order value of 58 to ensure that the movement calculations are performed after the account calculations. The other statements are true about when Intercompany Data is enabled. Tracking intercompany eliminations is optional, intercompany accounts are assigned plug accounts, intercompany entities must be children of the same parent for eliminations, and the Intercompany Entity attribute must be set to Yes to store intercompany data.Reference:Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 18-19; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 2-10.


by Janine at Mar 21, 2024, 03:24 PM

Limited Time Offer

25%

Off

Get Premium 1Z0-1081-23 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Tasia
6 months ago
Actually, none of us are correct. The false statement is C) All parent members in the Account dimension must have a Solve Order value of 58.
upvoted 0 times
...
Xuan
7 months ago
I agree with Noemi, I think the answer is B) The View dimension stores only periodic data.
upvoted 0 times
...
Noemi
7 months ago
But isn't it true that the View dimension actually does store only periodic data?
upvoted 0 times
...
Marcelle
7 months ago
I disagree, I believe the answer is D) You cannot add member formulas to members of the Movement dimension.
upvoted 0 times
...
Noemi
7 months ago
I think the answer is B) The View dimension stores only periodic data.
upvoted 0 times
...

Save Cancel
az-700  pass4success  az-104  200-301  200-201  cissp  350-401  350-201  350-501  350-601  350-801  350-901  az-720  az-305  pl-300  

Warning: Cannot modify header information - headers already sent by (output started at /pass.php:70) in /pass.php on line 77