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Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Dimension and Metadata Management | - Manage dimensions and hierarchies - Import and edit members |
| Reporting and Dashboards | - Create dashboards and data forms - Design reports using Financial Reporting Studio |
| Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
| 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. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
A) Import journals
B) Run a business rule
C) Load a data file
D) Export metadata
2. Which statement is FALSE about when Intercompany Data is enabled?
A) The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
B) Tracking intercompany eliminations is optional.
C) Intercompany accounts are assigned plug accounts.
D) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
3. Which two statements are true about Enterprise Journals? (Choose two.)
A) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
B) You cannot deploy Enterprise Journals to a period with Pending status.
C) Line items can only include entities that have been enabled for Enterprise Journals.
D) You can assign a team as preparer or reviewer.
4. What action requires refreshing the database?
A) You deploy a new Configurable Calculation rule in Calculation Manager.
B) You edit the Consolidation Operator for a member in the Account dimension.
C) You edit the alias for a member in the Entity dimension.
D) You change the ownership percentage for an entity.
5. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)
A) Consolidation
B) Data Source
C) Year
D) Entity
E) Scenario
F) Period
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C,D | Question # 4 Answer: C | Question # 5 Answer: C,D,E,F |
