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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Overview of Financial Consolidation and Close | - Overview of FCCS features
- Consolidation and close process architecture
|
| Topic 2: Consolidation and Close Execution | - Intercompany eliminations and adjustments
- Run consolidations and currency translation
|
| Topic 3: Dimension and Metadata Management | - Import and edit members
- Manage dimensions and hierarchies
|
| Topic 4: Task and Data Management | - Data import, export, and integrations
- Manage close process using Task Manager
|
| Topic 5: Reporting and Dashboards | - Design reports using Financial Reporting Studio
- Create dashboards and data forms
|
| Topic 6: Setup and Configuration | - Security configuration and user roles
- Application setup and business process configuration
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?
- A. Bar
- B. Line
- C. Tile
- D. Gauge
Reveal Solution
Discussion
Correct Answer: C 🗳️
Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).
What is the result of enabling the Calculate Movements system rule?
- A. Closing Balance is aggregated from Opening Balance and the current period's movement value.
- B. To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
- C. Level 0 movement members become read only in web forms, and must be populated through data load.
- D. The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
Reveal Solution
Discussion
Correct Answer: A 🗳️
Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).
Where can you set the default member for the Currency dimension in a Data Integration integration?
- A. Location Attributes in the Create Integration dialog box
- B. Run Integration dialog box
- C. Map Members tab in the Create Integration dialog box
- D. Options tab of the Application Details dialog box
Reveal Solution
Discussion
Correct Answer: A 🗳️
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Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?
- A. You can include Data Management artifacts in the clone.
- B. You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
- C. You can include the inbox and outbox contents in the clone.
- D. The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
Reveal Solution
Discussion
Correct Answer: D 🗳️
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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 the Consolidation template when setting up the Approval Unit hierarchy.
- B. Delete the default Approval Unit hierarchy.
- C. Select users with the Service Administrator security role.
- D. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
Reveal Solution
Discussion
Correct Answer: D 🗳️
Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).