1z0-1081-23 exam dumps

Oracle 1z0-1081-23 Value Package

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  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • No. of Questions: 60 Questions and Answers
  • Updated: Sep 27, 2026

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Oracle 1z0-1081-23 Exam Syllabus Topics:

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

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        Which statement is FALSE regarding establishing security for Financial Consolidation and Close?

                                        • A. All members are accessible for dimensions with no security applied.
                                        • B. Security can be assigned at a parent level.
                                        • C. Security can be disabled for any dimension.
                                        • D. Security is mandatory for one dimension.
                                        • E. The Identity Domain Administrator inherits full access privileges.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: C  🗳️

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

                                        Which statement is true of journals created from Recurring templates?

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

                                        Correct Answer: B  🗳️

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

                                        Which statement about Opening Balance Override rules is true?

                                        • A. You can select which accounts to include in the rule scope.
                                        • B. Opening Balance Override rules execute for the first period in the year only.
                                        • C. They are available only if Intercompany Data with Tracking is enabled for the business process.
                                        • D. You can select which entities to include in the rule scope.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

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

                                        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. Tracking intercompany eliminations is optional.
                                        • C. Intercompany accounts are assigned plug accounts.
                                        • D. The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

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

                                        In Data Integration, for what purpose do you use Workbench?

                                        • A. To review mapping of source to target members
                                        • B. To edit the data load file format
                                        • C. To configure data load options
                                        • D. To define dimension mapping
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

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

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