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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journals and Adjustments | - Manual and automated journals
|
| Topic 2: FCCS Application Configuration | - Application setup and configuration
|
| Topic 3: Consolidation Process | - Financial consolidation execution
|
| Topic 4: Security and Access Management | - User roles and permissions
|
| Topic 5: Data Integration and Loading | - Data management processes
|
| Topic 6: Metadata and Dimensions | - Metadata management
|
| Topic 7: Reporting and Analysis | - Financial reporting tools
|
| Topic 8: Close Process Management | - Period close activities
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
A) Consolidation
B) Financial
C) Journal
D) Intercompany
2. Which statement about Opening Balance Override rules is true?
A) Opening Balance Override rules execute for the first period in the year only.
B) They are available only if Intercompany Data with Tracking is enabled for the business process.
C) You can select which entities to include in the rule scope.
D) You can select which accounts to include in the rule scope.
3. Which statement is true of journals created from Recurring templates?
A) The line items in journals created from Recurring templates are read only.
B) Journals for recurring templates are created automatically when you open a period for journals.
C) The initial status of journals created from Recurring templates is Approved.
D) The initial status of journals created from Recurring templates is Posted.
4. In the approval process, which four dimensions constitute an approval unit? (Choose four.)
A) Data Source (Entity)
B) Account
C) Scenario
D) Period
E) Year
5. For which task categories is Audit enabled by default?
A) All task categories
B) Data only
C) No task categories
D) Journals
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A,C,D,E | Question # 5 Answer: A |
