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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Dashboards | - Create dashboards and data forms - Design reports using Financial Reporting Studio |
| Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
| Overview of Financial Consolidation and Close | - Consolidation and close process architecture - Overview of FCCS features |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
| Setup and Configuration | - Security configuration and user roles - Application setup and business process configuration |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?
A) Select users with the Service Administrator security role.
B) Select the Consolidation template when setting up the Approval Unit hierarchy.
C) Delete the default Approval Unit hierarchy.
D) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
2. In Data Integration, for what purpose do you use Workbench?
A) To define dimension mapping
B) To edit the data load file format
C) To review mapping of source to target members
D) To configure data load options
3. Which two conditions are required for foreign currency translation to take place during the default consolidation process? (Choose two.)
A) The default currency of the child is different from the default currency of the parent.
B) The child entity is NOT a shared entity.
C) To specify exchange rates you must set up multiple currencies when creating an application.
D) Reporting currencies have been defined in the Currency dimension.
4. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)
A) Grid
B) Footer
C) Header
D) Chart
5. Which statement is true about an approval process with the Phase Dependency option enabled?
A) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.
B) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
C) Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.
D) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,D | Question # 4 Answer: A,D | Question # 5 Answer: B |
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