Free Oracle 1Z0-983 Exam Practice Questions & Explanations
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During a Financial Consolidation and Close implementation, the administrator registers the source system, then later adds several new segments/chartfields in the source ERP. The administrator states that these new segments will automatically appear in Data Management import format selections without any further action.
Is this statement correct?
False. After changes are made in the source ERP, the administrator must re-initialize the source system in Data Management (Setup, Source System, Initialize) so that the updated metadata, segments/chartfields, ledgers, and calendars are imported into Data Management. Only after a successful initialization do the new source segments become available for selection in import formats and mappings.
A consultant is building the Data Management definitions for a file-based load into Financial Consolidation and Close. The source file is a delimited file with columns for Entity, Account, Intercompany, Movement, and Amount, and different business units send their own files with slightly different column ordering.
Which sequence of definition objects correctly reflects how the consultant should build the integration?
The standard Data Management build order is: Import Format (defines the source file layout and column-to-dimension mapping), Location (associates the import format with mappings and a target application), Period and Category mappings (global/application mappings of source periods and scenarios), Member (data load) Mappings which are stored by Location, and finally the Data Load Rule which is executed for a POV. Because column ordering differs by business unit, a separate import format per layout is required.
The other sequences reverse dependencies: a Location requires an Import Format, and Member Mappings are defined within a Location. Logic Groups create calculated source records, they do not reorder file columns.
Finance users complain that when they view a consolidated Cash balance in a Financial Consolidation and Close form, they can see the number but cannot investigate the underlying journal lines loaded from the source ERP.
What must the administrator do so that drill through from the data form to Data Management works?
Drill through relies on drill regions being written when data is loaded. The Create Drill Region option (set on the data load rule/location in Data Management) must be enabled and the data reloaded so that the target cells are flagged as drillable. Users then use the Drill Through action from the cell, which opens the Data Management landing page and, if configured, continues to the source system.
B is wrong: any user with access to the data can drill through when drill regions exist. C is not a valid load method for this purpose. D relates to Smart Lists/attributes, not drill through.
An administrator is preparing Data Management for a new Financial Consolidation and Close implementation. Before any import formats or locations can be created, the administrator must complete the System Settings and register the target application.
Which two statements are true about these administration tasks?
When registering a target application in Data Management within an EPM Cloud service, the current Financial Consolidation and Close application is registered with the type Local (Cloud type is used for a remote EPM Cloud instance). Profiles/settings are layered: System settings apply to everyone, Application settings override them for a specific application, and User settings are the most granular and take precedence.
C is wrong: source systems are set up independently and are not required to be defined after the target. D is wrong: multiple target applications (including data-export/custom applications) can be registered. E is wrong: administrators maintain System Settings directly.
A client is implementing Financial Consolidation and Close Cloud and must load actual trial balance data monthly from an on-premises Oracle E-Business Suite General Ledger, plus budget data from flat files produced by a legacy system. The implementation team wants a single integration tool that can handle both, provide mapping of source members to target dimension members, and allow users to drill from a consolidated balance back to the source ledger detail.
Which statement best describes how Data Management addresses this requirement?
Data Management (the embedded version of FDMEE in EPM Cloud) supports direct source system registration for Oracle ERP sources such as E-Business Suite and Fusion GL, as well as file-based sources. It provides location/mapping rules (Explicit, Between, Range, Like, Multi-dimension) to transform source members into target members, and supports drill through from the target application back to source data or the source system landing page.
B is wrong because a separate ERP Integrator product is not required. C is wrong because mapping is a core Data Management feature. D is wrong because Data Management works with Financial Consolidation and Close as a target application just as it does with Planning.