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

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Aug 08, 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. Security configuration in FCCS
          • 2. Access control for data and metadata
            Reporting and Analysis- Financial reporting tools
            • 1. Data analysis and validation reporting
              • 2. Financial reports and Smart View
                FCCS Application Configuration- Application setup and configuration
                • 1. Defining consolidation methods and settings
                  • 2. Creating and configuring FCCS applications
                    Journals and Adjustments- Manual and automated journals
                    • 1. Adjustment entries and validation
                      • 2. Journal creation and posting
                        Close Process Management- Period close activities
                        • 1. Task lists and workflow management
                          • 2. Monitoring and reconciliation processes
                            Data Integration and Loading- Data management processes
                            • 1. Data validation and transformation
                              • 2. Data loading methods and mappings
                                Metadata and Dimensions- Core dimensions
                                • 1. Movement, Intercompany, Data Source
                                  • 2. Account, Entity, Scenario, Version
                                    - Metadata management
                                    • 1. Validation and hierarchy design
                                      • 2. Loading and maintaining metadata

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        1. You want to display a single value in a financial dashboard from a single cell in a form.
                                        Which type of chart would you select?

                                        A) Line
                                        B) Bar
                                        C) Gauge
                                        D) Tile


                                        2. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?

                                        A) Options tab of the Application Details dialog box
                                        B) Execute Integration dialog box
                                        C) Workbench
                                        D) Location Attributes section of the Create Integration dialog box


                                        3. Which two statements are true about the Multi-GAAP feature? (Choose two.)

                                        A) You must specify a prefix for entities that use the alternate gap standard.
                                        B) Enabling Multi-GAAP reduces the number of custom dimensions you can have.
                                        C) When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.
                                        D) Select this option if you need to report your financial statements only in IFRS.


                                        4. How do you navigate if you want to export a form to a Snapshot file?

                                        A) From the Home page, select Tools, and then Migration.
                                        B) From the Home page, select Tools, and then Clone Snapshot.
                                        C) Open the form, select Actions, and then Export.
                                        D) From the Navigator menu, select Forms.


                                        5. For which task categories is Audit enabled by default?

                                        A) Journals
                                        B) All task categories
                                        C) Data only
                                        D) No task categories


                                        Solutions:

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

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