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

1z0-1081-23 real exams

Exam Code: 1z0-1081-23

Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional

Updated: Aug 10, 2026

Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Security and Access Management- User roles and permissions
  • 1. Security configuration in FCCS
    • 2. Access control for data and metadata
      Topic 2: Journals and Adjustments- Manual and automated journals
      • 1. Journal creation and posting
        • 2. Adjustment entries and validation
          Topic 3: Metadata and Dimensions- Metadata management
          • 1. Validation and hierarchy design
            • 2. Loading and maintaining metadata
              - Core dimensions
              • 1. Account, Entity, Scenario, Version
                • 2. Movement, Intercompany, Data Source
                  Topic 4: FCCS Application Configuration- Application setup and configuration
                  • 1. Defining consolidation methods and settings
                    • 2. Creating and configuring FCCS applications
                      Topic 5: Reporting and Analysis- Financial reporting tools
                      • 1. Financial reports and Smart View
                        • 2. Data analysis and validation reporting
                          Topic 6: Data Integration and Loading- Data management processes
                          • 1. Data validation and transformation
                            • 2. Data loading methods and mappings
                              Topic 7: Consolidation Process- Financial consolidation execution
                              • 1. Consolidation rules and calculations
                                • 2. Elimination and ownership processing
                                  • 3. Currency translation
                                    Topic 8: Close Process Management- Period close activities
                                    • 1. Monitoring and reconciliation processes
                                      • 2. Task lists and workflow management

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

                                        A) Data tile name
                                        B) Scenario
                                        C) Target application
                                        D) Member mappings


                                        2. Which statement is FALSE about the Equity Pickup feature?

                                        A) Seeded rule sets are provided for Equity Pickup.
                                        B) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
                                        C) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
                                        D) Equity Pickup rules run as part of the consolidation process


                                        3. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
                                        What will be users' default access to members in the Account dimension?

                                        A) Comment
                                        B) None
                                        C) Write
                                        D) Read


                                        4. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

                                        A) FCCS Totallnput And Adisuted
                                        B) FCCS Entity Consolidation
                                        C) FCCS Entity Total
                                        D) FCCS Contribution


                                        5. Which two are members in the Consolidation dimension? (Choose two.)

                                        A) FCCS Total input And Adjusted
                                        B) FCCS Proportion
                                        C) FCCS Data Input
                                        D) FCCS Entity Input


                                        Solutions:

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

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