PDF Version DemoOracle 1z0-1081-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2023 Implementation Professional |
| Exam Number: | 1Z0-1081-23 |
| Exam Price: | USD not publicly listed (Oracle exam pricing varies by region) |
| Exam Duration: | 90 minutes |
| Passing Score: | 66% |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | Certificate does not expire once earned (no stated expiry for this exam) |
| Related Certifications: | Oracle Financial Consolidation and Close 2023 Certified Implementation Professional |
| Available Languages: | English |
| Exam Format: | Multiple choice |
| Sample Questions: | Oracle 1z0-1081-23 Sample Questions |
| Exam Way: | Delivered as a proctored multiple-choice exam, scheduled via Oracle's certification platform. |
| Pre Condition: | Hands-on experience with Oracle FCCS recommended; no mandatory prerequisites listed. |
| Official Syllabus URL: | https://www.oracle.com/education/certification/ |
Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Security configuration and user roles - Application setup and business process configuration |
| Topic 2: Overview of Financial Consolidation and Close | - Consolidation and close process architecture - Overview of FCCS features |
| Topic 3: Consolidation and Close Execution | - Intercompany eliminations and adjustments - Run consolidations and currency translation |
| Topic 4: Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
| Topic 5: Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Topic 6: Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question #1
For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?
A. You cannot add member formulas to members of the Movement dimension.
B. Account is a Sparse dimension.
C. The View dimension stores only periodic data.
D. All parent members in the Account dimension must have a Solve Order value of 58.
Question #2
Which statement is FALSE about the Equity Pickup feature?
A. Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
B. Equity Pickup rules run as part of the consolidation process
C. Equity Pickup rules are run on demand from the Rules card by users with launch permission.
D. Seeded rule sets are provided for Equity Pickup.
Question #3
Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)
A. FX Rates - Ending
B. FX Rates - Opening
C. FX Rates - None
D. FX Rates - Historical
E. FX Rates - Average
Question #4
Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?
A. Data can be stored by the intercompany partner but no eliminations occur.
B. The ICP dimension is omitted.
C. The FCCS No Intercompany member of the ICP dimension is used for all data.
D. An extra custom dimension is available.
Question #5
Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
A. Location Attributes section of the Create Integration dialog box
B. Options tab of the Application Details dialog box
C. Workbench
D. Execute Integration dialog box
Solutions:
| Question #1 Correct Answer: D | Question #2 Correct Answer: A | Question #3 Correct Answer: A,E | Question #4 Correct Answer: B | Question #5 Correct Answer: B |
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