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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Application Setup and Configuration | 28% | - Dimension management and metadata configuration - System settings and validation - FCCS architecture and business process setup - Security setup and role assignment |
| Consolidation Process and Logic | 28% | - Currency translation and exchange rates - Ownership management and consolidation methods - Intercompany eliminations and adjustments - Consolidation workflow and balance calculation |
| Close Process and Journal Management | 22% | - Supplemental Data setup - Approval units and workflow - Task Manager configuration - Journal creation, approval and posting |
| Data Integration and Reporting | 22% | - EPM Automate and application maintenance - Financial reporting and dashboards - Data loading and integration configuration - Data forms and valid intersections |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question 1
Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)
A. Ending Rate
B. Local Rate
C. Average Rate
D. Opening Rate
Question 2
Which two statements about the Copy Data function are true? (Choose two.)
A. You cannot select which Account members to copy.
B. You can copy data for historical rate and amount overrides.
C. When you select the Regular Data option, journals data is included.
D. You can select which Consolidation dimension member to copy.
Question 3
What action requires refreshing the database?
A. You change the ownership percentage for an entity.
B. You edit the Consolidation Operator for a member in the Account dimension.
C. You deploy a new Configurable Calculation rule in Calculation Manager.
D. You edit the alias for a member in the Entity dimension.
Question 4
For which scenario would an On-Demand rule be an appropriate solution?
A. To add a column with a calculation to a report
B. To allocate data to base entities prior to consolidation
C. To import data into a form or Smart View worksheet
D. To perform a custom currency translation for a subset of accounts
Question 5
How do you navigate if you want to export a form to a Snapshot file?
A. From the Home page, select Tools, and then Clone Snapshot.
B. From the Navigator menu, select Forms.
C. From the Home page, select Tools, and then Migration.
D. Open the form, select Actions, and then Export.
Solutions:
| Question 1 Answer: A,C | Question 2 Answer: B,D | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
