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Oracle Exam 1Z0-1081-23 Topic 1 Question 2 Discussion

Actual exam question for Oracle's 1Z0-1081-23 exam
Question #: 2
Topic #: 1
[All 1Z0-1081-23 Questions]

What is the result of enabling the Calculate Movements system rule?

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Suggested Answer: D

The result of enabling the Calculate Movements system rule is: Closing Balance is aggregated from Opening Balance and the current period's movement value. The Calculate Movements system rule is a predefined rule that calculates the movement values for each account based on the opening balance and closing balance input values. The rule also aggregates the closing balance from the opening balance and the current period's movement value. The rule can be executed manually or automatically depending on the application settings. The other options are not results of enabling the Calculate Movements system rule.Reference:Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 59-60; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-4.


by Lonna at Mar 16, 2024, 06:23 PM

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Dulce
11 months ago
I chose D because it seems logical to aggregate Opening Balance and movement value for Closing Balance.
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Gerald
11 months ago
I'm leaning towards C, it makes more sense to me.
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Doyle
11 months ago
Why do you think it's D, Dulce?
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Dulce
12 months ago
I'm going with option D.
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Gerald
1 years ago
I believe it's option B.
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Doyle
1 years ago
I think the answer is A.
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