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Oracle 1z0-1081-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close 2023 Implementation Professional |
| Exam Number: | 1Z0-1081-23 |
| Exam Duration: | 90 minutes |
| Passing Score: | 66% |
| Available Languages: | English |
| Related Certifications: | Oracle Cloud Enterprise Performance Management |
| Certificate Validity Period: | 24 months |
| Real Exam Qty: | 55-60 |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Recommended Training: | Oracle Financial Consolidation and Close 2023 Implementation Training Oracle EPM Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Scheduling Oracle University Registration |
| Sample Questions: | Oracle 1z0-1081-23 Sample Questions |
| Exam Way: | Online proctored or onsite testing via Pearson VUE |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle EPM Cloud and FCCS is strongly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2023-implementation-professional/pexam_1Z0-1081-23 |
Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Close Process and Journal Management | 22% | - Approval units and workflow - Journal creation, approval and posting - Supplemental Data setup - Task Manager configuration |
| Topic 2: Data Integration and Reporting | 22% | - Financial reporting and dashboards - Data loading and integration configuration - Data forms and valid intersections - EPM Automate and application maintenance |
| Topic 3: Consolidation Process and Logic | 28% | - Ownership management and consolidation methods - Consolidation workflow and balance calculation - Currency translation and exchange rates - Intercompany eliminations and adjustments |
| Topic 4: Application Setup and Configuration | 28% | - Security setup and role assignment - FCCS architecture and business process setup - Dimension management and metadata configuration - System settings and validation |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Where can you set the default member for the Currency dimension in a Data Integration integration?
A) Run Integration dialog box
B) Options tab of the Application Details dialog box
C) Map Members tab in the Create Integration dialog box
D) Location Attributes in the Create Integration dialog box
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 the Consolidation template when setting up the Approval Unit hierarchy.
B) Select users with the Service Administrator security role.
C) Delete the default Approval Unit hierarchy.
D) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
3. Where do you set the Intercompany Entities Aggregation option?
A) On the Properties page of the Intercompany dimension
B) In the Setup Wizard during business process creation
C) In the member properties of the Intercompany Top member
D) In the member properties of the Intercompany Entities member
4. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
A) Selecting a shared member for a rule does not include its primary instance.
B) If a shared member is selected for a rule, the primary instance of the member is selected as well.
C) Selecting the primary instance of a member does not include shared members.
D) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
5. 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) Gauge
C) Line
D) Tile
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,D | Question # 5 Answer: D |
By Ernest
