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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
| Task and Data Management | - Data import, export, and integrations - Manage close process using Task Manager |
| Dimension and Metadata Management | - Manage dimensions and hierarchies - Import and edit members |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Reporting and Dashboards | - Create dashboards and data forms - Design reports using Financial Reporting Studio |
| Setup and Configuration | - Application setup and business process configuration - Security configuration and user roles |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Where do you set the Intercompany Entities Aggregation option?
- A. On the Properties page of the Intercompany dimension
- B. In the member properties of the Intercompany Top member
- C. In the Setup Wizard during business process creation
- D. In the member properties of the Intercompany Entities member
Correct Answer: D 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
- A. Selecting a shared member for a rule does not include its primary instance.
- B. Selecting the primary instance of a member does not include shared members.
- C. If a shared member is selected for a rule, the primary instance of the member is selected as well.
- D. If the primary instance of the member is selected for a rule, all shared members for the instances are included.
Correct Answer: A,D 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Which statement is FALSE about Task Manager schedules?
- A. You can re-open a schedule that has been locked.
- B. You can still add tasks to a schedule that has been closed.
- C. To start all the tasks in a schedule, you must change the status from Pending to Open.
- D. Users can still complete tasks in a schedule that has been closed.
Correct Answer: B 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Which two are members in the Consolidation dimension? (Choose two.)
- A. FCCS Proportion
- B. FCCS Entity Input
- C. FCCS Data Input
- D. FCCS Total input And Adjusted
Correct Answer: A,B 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Which statement is FALSE regarding establishing security for Financial Consolidation and Close?
- A. All members are accessible for dimensions with no security applied.
- B. Security can be disabled for any dimension.
- C. Security can be assigned at a parent level.
- D. Security is mandatory for one dimension.
- E. The Identity Domain Administrator inherits full access privileges.
Correct Answer: B 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
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