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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Close Process and Journal Management | 22% | - Journal creation, approval and posting - Supplemental Data setup - Task Manager configuration - Approval units and workflow |
| Topic 2: Data Integration and Reporting | 22% | - EPM Automate and application maintenance - Financial reporting and dashboards - Data forms and valid intersections - Data loading and integration configuration |
| Topic 3: Consolidation Process and Logic | 28% | - Consolidation workflow and balance calculation - Ownership management and consolidation methods - Currency translation and exchange rates - Intercompany eliminations and adjustments |
| Topic 4: Application Setup and Configuration | 28% | - Security setup and role assignment - Dimension management and metadata configuration - System settings and validation - FCCS architecture and business process setup |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Which two statements about the Copy Data function are true? (Choose two.)
- A. When you select the Regular Data option, journals data is included.
- B. You can copy data for historical rate and amount overrides.
- C. You cannot select which Account members to copy.
- D. You can select which Consolidation dimension member to copy.
Correct Answer: B,D 🗳️
Explanation: Only visible for PassCollection members. You can sign-up / login (it's free).
Which statement is FALSE about the Equity Pickup feature?
- A. Equity Pickup rules run as part of the consolidation process
- B. Seeded rule sets are provided for Equity Pickup.
- C. Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
- D. Equity Pickup rules are run on demand from the Rules card by users with launch permission.
Correct Answer: C 🗳️
Explanation: Only visible for PassCollection members. You can sign-up / login (it's free).
Which two statements are true about Enterprise Journals? (Choose two.)
- A. Line items can only include entities that have been enabled for Enterprise Journals.
- B. You can assign a team as preparer or reviewer.
- C. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
- D. You cannot deploy Enterprise Journals to a period with Pending status.
Correct Answer: A,B 🗳️
Explanation: Only visible for PassCollection members. You can sign-up / login (it's free).
For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)
- A. Year
- B. Period
- C. Entity
- D. Data Source
- E. Consolidation
- F. Scenario
Correct Answer: A,B,C,F 🗳️
Explanation: Only visible for PassCollection members. You can sign-up / login (it's free).
In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)
- A. Member mappings
- B. Data tile name
- C. Target application
- D. Scenario
Correct Answer: A,C 🗳️
Explanation: Only visible for PassCollection members. You can sign-up / login (it's free).






