Oracle 1z0-1081-23 - Oracle Financial Consolidation and Close 2023 Implementation Professional

Oracle 1z0-1081-23 Actual PDF
  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Aug 01, 2026
  • Q & A: 60 Questions and Answers
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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Setup and Configuration- Security configuration and user roles
- Application setup and business process configuration
Topic 2: Reporting and Dashboards- Create dashboards and data forms
- Design reports using Financial Reporting Studio
Topic 3: Dimension and Metadata Management- Manage dimensions and hierarchies
- Import and edit members
Topic 4: Overview of Financial Consolidation and Close- Overview of FCCS features
- Consolidation and close process architecture
Topic 5: Task and Data Management- Manage close process using Task Manager
- Data import, export, and integrations
Topic 6: Consolidation and Close Execution- Intercompany eliminations and adjustments
- Run consolidations and currency translation

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)

A) Member mappings
B) Scenario
C) Target application
D) Data tile name


2. Where do you set the Intercompany Entities Aggregation option?

A) On the Properties page of the Intercompany dimension
B) In the Setup Wizard during business process creation
C) In the member properties of the Intercompany Top member
D) In the member properties of the Intercompany Entities member


3. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules run as part of the consolidation process
B) Seeded rule sets are provided for Equity Pickup.
C) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
D) Equity Pickup rules are run on demand from the Rules card by users with launch permission.


4. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?

A) Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
B) Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
C) Pre-built integrations to combine narrative and data to produce both internal and external reporting packages
D) Calculations, dashboards, and reports to provide analysis for cash flow modeling


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

A) The View dimension stores only periodic data.
B) Account is a Sparse dimension.
C) All parent members in the Account dimension must have a Solve Order value of 58.
D) You cannot add member formulas to members of the Movement dimension.


Solutions:

Question # 1
Answer: A,C
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: C

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