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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Application setup and business process configuration - Security configuration and user roles |
| Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Task and Data Management | - Data import, export, and integrations - Manage close process using Task Manager |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Overview of Financial Consolidation and Close | - Consolidation and close process architecture - Overview of FCCS features |
| Dimension and Metadata Management | - Manage dimensions and hierarchies - Import and edit members |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. 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 import data into a form or Smart View worksheet
C) To perform a custom currency translation for a subset of accounts
D) To allocate data to base entities prior to consolidation
2. Which statement correctly describes the Consolidation dimension?
A) The dimension allows users to see input versus journal adjustment data.
B) The dimension contains members to store non-controlling interest and joint venture data.
C) The dimension uses a separate member for data from an entity's level-zero descendants.
D) The dimension allows users to view data in the parent currency.
3. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
A) Export metadata
B) Load a data file
C) Run a business rule
D) Import journals
4. 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) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
C) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
D) Level 0 movement members become read only in web forms, and must be populated through data load.
5. For which task categories is Audit enabled by default?
A) Data only
B) All task categories
C) Journals
D) No task categories
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |
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