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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Topic 2: Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
| Topic 3: Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Topic 4: Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
| Topic 5: Setup and Configuration | - Security configuration and user roles - Application setup and business process configuration |
| Topic 6: Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Which customization can you perform on the Navigation Flows page?
- A. Add or Hide cards.
- B. Set a default POV by user group.
- C. Select a data form to display at start up based on user group.
- D. Select a color scheme.
Correct Answer: A 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
Which of the following is allowed for accounts with the data storage type of Dynamic Calc?
- A. Load data to this account.
- B. Enter data through a data form.
- C. Create member formulas.
- D. Load data to this account and create member formulas.
Correct Answer: C 🗳️
Which statement about Opening Balance Override rules is true?
- A. You can select which entities to include in the rule scope.
- B. They are available only if Intercompany Data with Tracking is enabled for the business process.
- C. You can select which accounts to include in the rule scope.
- D. Opening Balance Override rules execute for the first period in the year only.
Correct Answer: C 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
How do you navigate if you want to export a form to a Snapshot file?
- A. From the Home page, select Tools, and then Migration.
- B. From the Home page, select Tools, and then Clone Snapshot.
- C. From the Navigator menu, select Forms.
- D. Open the form, select Actions, and then Export.
Correct Answer: D 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
When do you enable submission phases for your approval process?
- A. When you assign the approval unit hierarchy to a scenario, period, and year
- B. When you set the member properties for the entity
- C. When you start the approval process for an approval unit on the Manage Approvals page
- D. When you set up the approval unit hierarchy
Correct Answer: D 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
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