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

1z0-1081-23 real exams

Exam Code: 1z0-1081-23

Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional

Updated: Aug 11, 2026

Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Setup and Configuration- Security configuration and user roles
- Application setup and business process configuration
Consolidation and Close Execution- Intercompany eliminations and adjustments
- Run consolidations and currency translation
Overview of Financial Consolidation and Close- Consolidation and close process architecture
- Overview of FCCS features
Task and Data Management- Data import, export, and integrations
- Manage close process using Task Manager
Reporting and Dashboards- Design reports using Financial Reporting Studio
- Create dashboards and data forms
Dimension and Metadata Management- Manage dimensions and hierarchies
- Import and edit members

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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


2. Which customization can you perform on the Navigation Flows page?

A) Select a data form to display at start up based on user group.
B) Set a default POV by user group.
C) Select a color scheme.
D) Add or Hide cards.


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

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


4. Which statement is FALSE regarding establishing security for Financial Consolidation and Close?

A) The Identity Domain Administrator inherits full access privileges.
B) Security can be assigned at a parent level.
C) All members are accessible for dimensions with no security applied.
D) Security is mandatory for one dimension.
E) Security can be disabled for any dimension.


5. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
B) Select level 0 dimension members for POV\ rows, and columns. www*'
C) Set the currency on the form to Parent Currency.
D) Set the consolidation member on the form to FCCS Entity Input.
E) Grant the data input users Write access to the dimension members used on the form.


Solutions:

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

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