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

1z0-1081-23 real exams

Exam Code: 1z0-1081-23

Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional

Updated: Aug 02, 2026

Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Consolidation Process- Financial consolidation execution
  • 1. Elimination and ownership processing
    • 2. Currency translation
      • 3. Consolidation rules and calculations
        Security and Access Management- User roles and permissions
        • 1. Access control for data and metadata
          • 2. Security configuration in FCCS
            FCCS Application Configuration- Application setup and configuration
            • 1. Creating and configuring FCCS applications
              • 2. Defining consolidation methods and settings
                Reporting and Analysis- Financial reporting tools
                • 1. Data analysis and validation reporting
                  • 2. Financial reports and Smart View
                    Data Integration and Loading- Data management processes
                    • 1. Data validation and transformation
                      • 2. Data loading methods and mappings
                        Metadata and Dimensions- Core dimensions
                        • 1. Account, Entity, Scenario, Version
                          • 2. Movement, Intercompany, Data Source
                            - Metadata management
                            • 1. Loading and maintaining metadata
                              • 2. Validation and hierarchy design
                                Close Process Management- Period close activities
                                • 1. Task lists and workflow management
                                  • 2. Monitoring and reconciliation processes
                                    Journals and Adjustments- Manual and automated journals
                                    • 1. Journal creation and posting
                                      • 2. Adjustment entries and validation

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        1. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

                                        A) Consolidation Method
                                        B) Ownership Percentage
                                        C) Consolidation Percentage
                                        D) Control
                                        E) Minority Interest Percentage


                                        2. Where can you set the default member for the Currency dimension in a Data Integration integration?

                                        A) Run Integration dialog box
                                        B) Location Attributes in the Create Integration dialog box
                                        C) Options tab of the Application Details dialog box
                                        D) Map Members tab in the Create Integration dialog box


                                        3. When do you enable submission phases for your approval process?

                                        A) When you set up the approval unit hierarchy
                                        B) When you set the member properties for the entity
                                        C) When you assign the approval unit hierarchy to a scenario, period, and year
                                        D) When you start the approval process for an approval unit on the Manage Approvals page


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

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


                                        5. 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


                                        Solutions:

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

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