Oracle 1z0-1081-23 exam dumps : 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 17, 2026     Q & A: 60 Questions and Answers

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

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

Question #1

In Data Integration, for what purpose do you use Workbench?

  • A. To review mapping of source to target members
  • B. To edit the data load file format
  • C. To define dimension mapping
  • D. To configure data load options
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

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

  • A. Entity Currency
  • B. Default Currency
  • C. Parent Currency
  • D. Reporting Currencies
  • E. Journal Input Currencies
  • F. Input Currencies
Reveal Solution  Discussion  0

Correct Answer: A,D,E,F  🗳️

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Question #3

Which two statements about the Copy Data function are true? (Choose two.)

  • A. You can copy data for historical rate and amount overrides.
  • B. You can select which Consolidation dimension member to copy.
  • C. When you select the Regular Data option, journals data is included.
  • D. You cannot select which Account members to copy.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

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Question #4

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

  • A. Control
  • B. Consolidation Method
  • C. Ownership Percentage
  • D. Minority Interest Percentage
  • E. Consolidation Percentage
Reveal Solution  Discussion  0

Correct Answer: B,C,E  🗳️

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

Question #5

Which statement is FALSE about Task Manager schedules?

  • A. You can re-open a schedule that has been locked.
  • B. To start all the tasks in a schedule, you must change the status from Pending to Open.
  • C. Users can still complete tasks in a schedule that has been closed.
  • D. You can still add tasks to a schedule that has been closed.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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

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