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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Task and Data Management | - Data import, export, and integrations - Manage close process using Task Manager |
| Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Setup and Configuration | - Application setup and business process configuration - Security configuration and user roles |
| Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
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. What is the result of enabling the Calculate Movements system rule?
A) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
B) Level 0 movement members become read only in web forms, and must be populated through data load.
C) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
D) Closing Balance is aggregated from Opening Balance and the current period's movement value.
3. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?
A) Period and Year
B) View
C) Period
D) Period, Year, and View
4. When you set the Intercompany Account attribute for an account to Yes, which additional attribute must also be set in order for the account to be included in the elimination process?
A) Intercompany Entity
B) Is Plug Account
C) Intercompany Account
D) Plug Account
5. Which two statements are true about Enterprise Journals? (Choose two.)
A) You cannot deploy Enterprise Journals to a period with Pending status.
B) You can assign a team as preparer or reviewer.
C) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
D) Line items can only include entities that have been enabled for Enterprise Journals.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B,D |
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