Oracle 1z0-1081-23 Q&A - in .pdf

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Sep 23, 2026
  • Q & A: 60 Questions and Answers
  • PDF Price: $59.99
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Oracle 1z0-1081-23 Q&A - Testing Engine

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

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

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question #1

In the approval process, which four dimensions constitute an approval unit? (Choose four.)

  • A. Year
  • B. Scenario
  • C. Period
  • D. Account
  • E. Data Source (Entity)
Reveal Solution  Discussion  0

Correct Answer: A,B,C,E  🗳️

Explanation: Only visible for Prep4sureGuide members. You can sign-up / login (it's free).

Question #2

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 rules are run on demand from the Rules card by users with launch permission.
  • D. Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

Which three dimensions can be included in an approval group? (Choose three.)

  • A. Movement
  • B. Multi-GAAP
  • C. Entity
  • D. Scenario
  • E. Account
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Explanation: Only visible for Prep4sureGuide members. You can sign-up / login (it's free).

Question #4

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

  • A. Target application
  • B. Data tile name
  • C. Member mappings
  • D. Scenario
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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Question #5

Which statement is true of journals created from Recurring templates?

  • A. Journals for recurring templates are created automatically when you open a period for journals.
  • B. The initial status of journals created from Recurring templates is Posted.
  • C. The line items in journals created from Recurring templates are read only.
  • D. The initial status of journals created from Recurring templates is Approved.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Prep4sureGuide members. You can sign-up / login (it's free).

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