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: Aug 01, 2026     Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Data Integration and Reporting22%- Financial reporting and dashboards
- EPM Automate and application maintenance
- Data loading and integration configuration
- Data forms and valid intersections
Topic 2: Consolidation Process and Logic28%- Intercompany eliminations and adjustments
- Ownership management and consolidation methods
- Consolidation workflow and balance calculation
- Currency translation and exchange rates
Topic 3: Close Process and Journal Management22%- Journal creation, approval and posting
- Approval units and workflow
- Task Manager configuration
- Supplemental Data setup
Topic 4: Application Setup and Configuration28%- System settings and validation
- Dimension management and metadata configuration
- Security setup and role assignment
- FCCS architecture and business process setup

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. For which task categories is Audit enabled by default?

A) No task categories
B) Journals
C) Data only
D) All task categories


2. 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) Minority Interest Percentage
B) Ownership Percentage
C) Control
D) Consolidation Percentage
E) Consolidation Method


3. Which four items are included in the Currency dimension? (Choose four.)

A) Parent Currency
B) Entity Currency
C) Default Currency
D) Journal Input Currencies
E) Reporting Currencies
F) Input Currencies


4. Which statement is FALSE about when Intercompany Data is enabled?

A) Tracking intercompany eliminations is optional.
B) Intercompany accounts are assigned plug accounts.
C) The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
D) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.


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

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


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B,D,E
Question # 3
Answer: B,D,E,F
Question # 4
Answer: D
Question # 5
Answer: A,B

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