Oracle 1z0-1081-23 Questions & Answers - in .pdf
- Total Q&A: 60
- Update: Aug 01, 2026
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- Vendor: Oracle
- Exam Code: 1z0-1081-23
- Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
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- Total Q&A: 60
- Update: Aug 01, 2026
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- Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|
| Topic 1: Close Process and Journal Management | 22% | - Task Manager configuration
- Journal creation, approval and posting
- Approval units and workflow
- Supplemental Data setup
|
| Topic 2: 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 3: Consolidation Process and Logic | 28% | - Intercompany eliminations and adjustments
- Currency translation and exchange rates
- Consolidation workflow and balance calculation
- Ownership management and consolidation methods
|
| Topic 4: Application Setup and Configuration | 28% | - Security setup and role assignment
- Dimension management and metadata configuration
- System settings and validation
- FCCS architecture and business process setup
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which four items are included in the Currency dimension? (Choose four.)
A) Entity Currency
B) Journal Input Currencies
C) Reporting Currencies
D) Input Currencies
E) Default Currency
F) Parent Currency
2. Which customization can you perform on the Navigation Flows page?
A) Select a color scheme.
B) Select a data form to display at start up based on user group.
C) Add or Hide cards.
D) Set a default POV by user group.
3. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)
A) FX Rates - Opening
B) FX Rates - Average
C) FX Rates - Historical
D) FX Rates - Ending
E) FX Rates - None
4. You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
A) Consolidation
B) Intercompany
C) Journal
D) Financial
5. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)
A) Ownership Percentage
B) Minority Interest Percentage
C) Consolidation Percentage
D) Consolidation Method
E) Control
Solutions:
Question # 1
Answer: A,B,C,D | Question # 2
Answer: C | Question # 3
Answer: B,D | Question # 4
Answer: A | Question # 5
Answer: A,C,D |
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