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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Dimension and Metadata Management | - Manage dimensions and hierarchies - Import and edit members |
| Topic 2: Overview of Financial Consolidation and Close | - Consolidation and close process architecture - Overview of FCCS features |
| Topic 3: Consolidation and Close Execution | - Intercompany eliminations and adjustments - Run consolidations and currency translation |
| Topic 4: Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Topic 5: Setup and Configuration | - Application setup and business process configuration - Security configuration and user roles |
| Topic 6: Task and Data Management | - Data import, export, and integrations - Manage close process using Task Manager |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. 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.
2. In Data Integration, for what purpose do you use Workbench?
A) To edit the data load file format
B) To configure data load options
C) To define dimension mapping
D) To review mapping of source to target members
3. Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)
A) Values for Opening Balance are retrieved from the prior period's Closing Balance.
B) Translated values for Closing Balance are adjusted to the ending rate for the period.
C) Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
D) Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
4. Which of the following is allowed for accounts with the data storage type of Dynamic Calc?
A) Load data to this account and create member formulas.
B) Enter data through a data form.
C) Create member formulas.
D) Load data to this account.
5. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)
A) Scenario
B) Data tile name
C) Member mappings
D) Target application
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: C,D |
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