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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Financial reporting tools
|
| Topic 2: Consolidation Process | - Financial consolidation execution
|
| Topic 3: Close Process Management | - Period close activities
|
| Topic 4: Data Integration and Loading | - Data management processes
|
| Topic 5: Security and Access Management | - User roles and permissions
|
| Topic 6: FCCS Application Configuration | - Application setup and configuration
|
| Topic 7: Journals and Adjustments | - Manual and automated journals
|
| Topic 8: Metadata and Dimensions | - Metadata management
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which statement is FALSE about Task Manager schedules?
A) To start all the tasks in a schedule, you must change the status from Pending to Open.
B) You can still add tasks to a schedule that has been closed.
C) You can re-open a schedule that has been locked.
D) Users can still complete tasks in a schedule that has been closed.
2. For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?
A) Select users with the Service Administrator security role.
B) Delete the default Approval Unit hierarchy.
C) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
D) Select the Consolidation template when setting up the Approval Unit hierarchy.
3. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)
A) Member mappings
B) Data tile name
C) Scenario
D) Target application
4. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?
A) Pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B) Calculations, dashboards, and reports to provide analysis for cash flow modeling
C) Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
D) Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
5. Which statement is true of journals created from Recurring templates?
A) Journals for recurring templates are created automatically when you open a period for journals.
B) The initial status of journals created from Recurring templates is Approved.
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.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A,D | Question # 4 Answer: D | Question # 5 Answer: A |
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