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 15, 2026

Q & A: 60 Questions and Answers

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Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Reporting and Dashboards- Design reports using Financial Reporting Studio
- Create dashboards and data forms
Overview of Financial Consolidation and Close- Consolidation and close process architecture
- Overview of FCCS features
Dimension and Metadata Management- Import and edit members
- Manage dimensions and hierarchies
Task and Data Management- Data import, export, and integrations
- Manage close process using Task Manager
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

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two are members in the Consolidation dimension? (Choose two.)

A) FCCS Data Input
B) FCCS Entity Input
C) FCCS Proportion
D) FCCS Total input And Adjusted


2. Where can you set the default member for the Currency dimension in a Data Integration integration?

A) Map Members tab in the Create Integration dialog box
B) Run Integration dialog box
C) Location Attributes in the Create Integration dialog box
D) Options tab of the Application Details dialog box


3. Which statement is true about an approval process with the Phase Dependency option enabled?

A) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
B) 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.
C) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
D) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.


4. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Header
B) Footer
C) Grid
D) Chart


5. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A) Selecting the primary instance of a member does not include shared members.
B) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
C) Selecting a shared member for a rule does not include its primary instance.
D) If a shared member is selected for a rule, the primary instance of the member is selected as well.


Solutions:

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

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