Oracle 1z0-1081-23 Questions & Answers - in .pdf
- Total Q&A: 60
- Update: Aug 01, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1z0-1081-23
- Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
| Overview of Financial Consolidation and Close | - Consolidation and close process architecture
- Overview of FCCS features
|
| Task and Data Management | - Data import, export, and integrations
- Manage close process using Task Manager
|
| Setup and Configuration | - Security configuration and user roles
- Application setup and business process configuration
|
| Dimension and Metadata Management | - Manage dimensions and hierarchies
- Import and edit members
|
| Reporting and Dashboards | - Design reports using Financial Reporting Studio
- Create dashboards and data forms
|
| Consolidation and Close Execution | - Run consolidations and currency translation
- Intercompany eliminations and adjustments
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which customization can you perform on the Navigation Flows page?
A) Select a color scheme.
B) Select a data form to display at start up based on user group.
C) Add or Hide cards.
D) Set a default POV by user group.
2. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?
A) Pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B) Calculations, dashboards, and reports to provide analysis for cash flow modeling
C) Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
D) Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
3. Which statement about Opening Balance Override rules is true?
A) They are available only if Intercompany Data with Tracking is enabled for the business process.
B) You can select which entities to include in the rule scope.
C) You can select which accounts to include in the rule scope.
D) Opening Balance Override rules execute for the first period in the year only.
4. Which statement is FALSE about when Intercompany Data is enabled?
A) The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
B) Tracking intercompany eliminations is optional.
C) Intercompany accounts are assigned plug accounts.
D) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
5. Where can you set the default member for the Currency dimension in a Data Integration integration?
A) Location Attributes in the Create Integration dialog box
B) Options tab of the Application Details dialog box
C) Run Integration dialog box
D) Map Members tab in the Create Integration dialog box
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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