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 07, 2026
  • Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Consolidation Process- Financial consolidation execution
  • 1. Elimination and ownership processing
    • 2. Currency translation
      • 3. Consolidation rules and calculations
        Topic 2: FCCS Application Configuration- Application setup and configuration
        • 1. Creating and configuring FCCS applications
          • 2. Defining consolidation methods and settings
            Topic 3: Close Process Management- Period close activities
            • 1. Task lists and workflow management
              • 2. Monitoring and reconciliation processes
                Topic 4: Journals and Adjustments- Manual and automated journals
                • 1. Adjustment entries and validation
                  • 2. Journal creation and posting
                    Topic 5: Data Integration and Loading- Data management processes
                    • 1. Data loading methods and mappings
                      • 2. Data validation and transformation
                        Topic 6: Security and Access Management- User roles and permissions
                        • 1. Access control for data and metadata
                          • 2. Security configuration in FCCS
                            Topic 7: Reporting and Analysis- Financial reporting tools
                            • 1. Data analysis and validation reporting
                              • 2. Financial reports and Smart View
                                Topic 8: 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

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        Question 1

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

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


                                        Question 2

                                        In the approval process, which four dimensions constitute an approval unit? (Choose four.)

                                        A. Data Source (Entity)
                                        B. Account
                                        C. Year
                                        D. Scenario
                                        E. Period


                                        Question 3

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

                                        A. Account
                                        B. Year
                                        C. Entity
                                        D. Scenario
                                        E. Period


                                        Question 4

                                        Which four items are included in the Currency dimension? (Choose four.)

                                        A. Default Currency
                                        B. Reporting Currencies
                                        C. Entity Currency
                                        D. Input Currencies
                                        E. Journal Input Currencies
                                        F. Parent Currency


                                        Question 5

                                        Which two are members in the Consolidation dimension? (Choose two.)

                                        A. FCCS Data Input
                                        B. FCCS Total input And Adjusted
                                        C. FCCS Proportion
                                        D. FCCS Entity Input


                                        Solutions:

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

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