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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Consolidation Process and Logic | 28% | - Currency translation and exchange rates - Ownership management and consolidation methods - Consolidation workflow and balance calculation - Intercompany eliminations and adjustments |
| Close Process and Journal Management | 22% | - Task Manager configuration - Approval units and workflow - Supplemental Data setup - Journal creation, approval and posting |
| Application Setup and Configuration | 28% | - Security setup and role assignment - System settings and validation - FCCS architecture and business process setup - Dimension management and metadata configuration |
| Data Integration and Reporting | 22% | - EPM Automate and application maintenance - Data loading and integration configuration - Financial reporting and dashboards - Data forms and valid intersections |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question 1
When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)
A. Consolidation
B. View
C. Account
D. Movement
Question 2
Which four items are included in the Currency dimension? (Choose four.)
A. Input Currencies
B. Reporting Currencies
C. Default Currency
D. Entity Currency
E. Parent Currency
F. Journal Input Currencies
Question 3
Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)
A. Ending Rate
B. Average Rate
C. Local Rate
D. Opening Rate
Question 4
Which two statements about the Copy Data function are true? (Choose two.)
A. You cannot select which Account members to copy.
B. You can select which Consolidation dimension member to copy.
C. When you select the Regular Data option, journals data is included.
D. You can copy data for historical rate and amount overrides.
Question 5
What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?
A. FCCS Entity Total
B. FCCS Entity Consolidation
C. FCCS Totallnput And Adisuted
D. FCCS Contribution
Solutions:
| Question 1 Answer: A,B | Question 2 Answer: A,B,D,F | Question 3 Answer: A,B | Question 4 Answer: B,D | Question 5 Answer: B |
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