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

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Sep 23, 2026     Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Reporting and Dashboards- Design reports using Financial Reporting Studio
- Create dashboards and data forms
Overview of Financial Consolidation and Close- Overview of FCCS features
- Consolidation and close process architecture
Consolidation and Close Execution- Intercompany eliminations and adjustments
- Run consolidations and currency translation
Task and Data Management- Data import, export, and integrations
- Manage close process using Task Manager
Dimension and Metadata Management- Import and edit members
- Manage dimensions and hierarchies
Setup and Configuration- Security configuration and user roles
- Application setup and business process configuration

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question #1

Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

  • A. Grid
  • B. Header
  • C. Footer
  • D. Chart
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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Question #2

In the approval process, which four dimensions constitute an approval unit? (Choose four.)

  • A. Year
  • B. Scenario
  • C. Period
  • D. Account
  • E. Data Source (Entity)
Reveal Solution  Discussion  0

Correct Answer: A,B,C,E  🗳️

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Question #3

The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

  • A. H 1 and P 2
  • B. No elimination is performed, because H 1 and P 1 do not have the same parent.
  • C. PQR
  • D. Hickory and Paducah
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

For which task categories is Audit enabled by default?

  • A. Journals
  • B. Data only
  • C. No task categories
  • D. All task categories
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #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. Control
  • B. Consolidation Method
  • C. Ownership Percentage
  • D. Minority Interest Percentage
  • E. Consolidation Percentage
Reveal Solution  Discussion  0

Correct Answer: B,C,E  🗳️

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

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