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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
| Topic 2: Setup and Configuration | - Security configuration and user roles - Application setup and business process configuration |
| Topic 3: Overview of Financial Consolidation and Close | - Consolidation and close process architecture - Overview of FCCS features |
| Topic 4: Consolidation and Close Execution | - Intercompany eliminations and adjustments - Run consolidations and currency translation |
| Topic 5: Reporting and Dashboards | - Create dashboards and data forms - Design reports using Financial Reporting Studio |
| Topic 6: Dimension and Metadata Management | - Manage dimensions and hierarchies - Import and edit members |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question 1
Which statement is FALSE about when Intercompany Data is enabled?
A. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
B. The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
C. Intercompany accounts are assigned plug accounts.
D. Tracking intercompany eliminations is optional.
Question 2
Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)
A. Chart
B. Grid
C. Header
D. Footer
Question 3
In Data Integration, for what purpose do you use Workbench?
A. To review mapping of source to target members
B. To define dimension mapping
C. To edit the data load file format
D. To configure data load options
Question 4
Which statement is FALSE about Task Manager schedules?
A. To start all the tasks in a schedule, you must change the status from Pending to Open.
B. You can re-open a schedule that has been locked.
C. You can still add tasks to a schedule that has been closed.
D. Users can still complete tasks in a schedule that has been closed.
Question 5
For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?
A. Select users with the Service Administrator security role.
B. Select the Consolidation template when setting up the Approval Unit hierarchy.
C. Delete the default Approval Unit hierarchy.
D. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A,B | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: D |
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