Oracle 1z0-1081-23 : Oracle Financial Consolidation and Close 2023 Implementation Professional

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Sep 14, 2026
  • Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Security and Access Management- User roles and permissions
  • 1. Security configuration in FCCS
    • 2. Access control for data and metadata
      Consolidation Process- Financial consolidation execution
      • 1. Consolidation rules and calculations
        • 2. Elimination and ownership processing
          • 3. Currency translation
            Metadata and Dimensions- Metadata management
            • 1. Loading and maintaining metadata
              • 2. Validation and hierarchy design
                - Core dimensions
                • 1. Movement, Intercompany, Data Source
                  • 2. Account, Entity, Scenario, Version
                    Reporting and Analysis- Financial reporting tools
                    • 1. Data analysis and validation reporting
                      • 2. Financial reports and Smart View
                        Data Integration and Loading- Data management processes
                        • 1. Data validation and transformation
                          • 2. Data loading methods and mappings
                            Journals and Adjustments- Manual and automated journals
                            • 1. Journal creation and posting
                              • 2. Adjustment entries and validation
                                Close Process Management- Period close activities
                                • 1. Task lists and workflow management
                                  • 2. Monitoring and reconciliation processes
                                    FCCS Application Configuration- Application setup and configuration
                                    • 1. Defining consolidation methods and settings
                                      • 2. Creating and configuring FCCS applications

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        Question #1

                                        For which task categories is Audit enabled by default?

                                        • A. Journals
                                        • B. No task categories
                                        • C. Data only
                                        • D. All task categories
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        Explanation: Only visible for Exams4Collection members. You can sign-up / login (it's free).

                                        Question #2

                                        Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
                                        What will be users' default access to members in the Account dimension?

                                        • A. Read
                                        • B. Comment
                                        • C. None
                                        • D. Write
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        Explanation: Only visible for Exams4Collection members. You can sign-up / login (it's free).

                                        Question #3

                                        You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
                                        What is the most efficient means to accomplish this?

                                        • A. Create a Configurable Consolidation rule.
                                        • B. Create a valid intersection rule.
                                        • C. Create a Task Manager rule.
                                        • D. Create a Groovy rule.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        Explanation: Only visible for Exams4Collection members. You can sign-up / login (it's free).

                                        Question #4

                                        Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

                                        • A. Year
                                        • B. Scenario
                                        • C. Period
                                        • D. Entity
                                        • E. Account
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A,C  🗳️

                                        Explanation: Only visible for Exams4Collection members. You can sign-up / login (it's free).

                                        Question #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. Tile
                                        • C. Line
                                        • D. Gauge
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        Explanation: Only visible for Exams4Collection members. You can sign-up / login (it's free).

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