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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application Setup and Configuration | 28% | - System settings and validation - FCCS architecture and business process setup - Security setup and role assignment - Dimension management and metadata configuration |
| Topic 2: Close Process and Journal Management | 22% | - Approval units and workflow - Supplemental Data setup - Journal creation, approval and posting - Task Manager configuration |
| Topic 3: Data Integration and Reporting | 22% | - Financial reporting and dashboards - Data loading and integration configuration - EPM Automate and application maintenance - Data forms and valid intersections |
| Topic 4: Consolidation Process and Logic | 28% | - Currency translation and exchange rates - Intercompany eliminations and adjustments - Consolidation workflow and balance calculation - Ownership management and consolidation methods |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question #1
For which task categories is Audit enabled by default?
A. No task categories
B. Data only
C. All task categories
D. Journals
Question #2
Which three dimensions can be included in an approval group? (Choose three.)
A. Scenario
B. Movement
C. Multi-GAAP
D. Account
E. Entity
Question #3
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. Plug Account
C. Intercompany Account
D. Is Plug Account
Question #4
To which Financial Consolidation and Close dimension(s) do you map Data Management periods?
A. View
B. Period and Year
C. Period
D. Period, Year, and View
Question #5
Which statement is FALSE regarding establishing security for Financial Consolidation and Close?
A. Security can be disabled for any dimension.
B. All members are accessible for dimensions with no security applied.
C. The Identity Domain Administrator inherits full access privileges.
D. Security is mandatory for one dimension.
E. Security can be assigned at a parent level.
Solutions:
| Question #1 Correct Answer: C | Question #2 Correct Answer: A,D,E | Question #3 Correct Answer: B | Question #4 Correct Answer: D | Question #5 Correct Answer: A |
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