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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Integration and Reporting | 22% | - Data forms and valid intersections - Financial reporting and dashboards - EPM Automate and application maintenance - Data loading and integration configuration |
| Topic 2: Application Setup and Configuration | 28% | - FCCS architecture and business process setup - System settings and validation - Security setup and role assignment - Dimension management and metadata configuration |
| Topic 3: Close Process and Journal Management | 22% | - Approval units and workflow - Supplemental Data setup - Task Manager configuration - Journal creation, approval and posting |
| Topic 4: Consolidation Process and Logic | 28% | - Consolidation workflow and balance calculation - Ownership management and consolidation methods - Currency translation and exchange rates - Intercompany eliminations and adjustments |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)
- A. Consolidation
- B. Movement
- C. View
- D. Account
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)
- A. Grant the data input users Write access to the dimension members used on the form.
- B. Set the consolidation member on the form to FCCS Entity Input.
- C. In the member selection for Entity, do not include shared entities; include only primary instances of entities.
- D. Select level 0 dimension members for POV\ rows, and columns. www*'
- E. Set the currency on the form to Parent Currency.
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Where do you set the Intercompany Entities Aggregation option?
- A. In the member properties of the Intercompany Entities member
- B. In the member properties of the Intercompany Top member
- C. In the Setup Wizard during business process creation
- D. On the Properties page of the Intercompany dimension
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which statement is true about an approval process with the Phase Dependency option enabled?
- A. Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.
- B. 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
- C. Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
- D. Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?
- A. You can include the inbox and outbox contents in the clone.
- B. The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
- C. You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
- D. You can include Data Management artifacts in the clone.
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
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