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

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Data Integration and Reporting22%- Financial reporting and dashboards
- Data forms and valid intersections
- EPM Automate and application maintenance
- Data loading and integration configuration
Topic 2: Close Process and Journal Management22%- Journal creation, approval and posting
- Task Manager configuration
- Approval units and workflow
- Supplemental Data setup
Topic 3: Application Setup and Configuration28%- System settings and validation
- Dimension management and metadata configuration
- Security setup and role assignment
- FCCS architecture and business process setup
Topic 4: Consolidation Process and Logic28%- Consolidation workflow and balance calculation
- Intercompany eliminations and adjustments
- Currency translation and exchange rates
- Ownership management and consolidation methods

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A) If a shared member is selected for a rule, the primary instance of the member is selected as well.
B) Selecting the primary instance of a member does not include shared members.
C) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
D) Selecting a shared member for a rule does not include its primary instance.


2. For which scenario would an On-Demand rule be an appropriate solution?

A) To import data into a form or Smart View worksheet
B) To add a column with a calculation to a report
C) To allocate data to base entities prior to consolidation
D) To perform a custom currency translation for a subset of accounts


3. 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) Open the form, select Actions, and then Export.
C) From the Home page, select Tools, and then Migration.
D) From the Navigator menu, select Forms.


4. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Grid
B) Header
C) Chart
D) Footer


5. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A) Import journals
B) Run a business rule
C) Load a data file
D) Export metadata


Solutions:

Question # 1
Answer: C,D
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: A,C
Question # 5
Answer: D

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