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Oracle 1z0-1081-23 Exam Syllabus Topics:
Section
Weight
Objectives
Topic 1: Consolidation Process and Logic
28%
- Currency translation and exchange rates
- Intercompany eliminations and adjustments
- Consolidation workflow and balance calculation
- Ownership management and consolidation methods
Topic 2: Data Integration and Reporting
22%
- Data loading and integration configuration
- Data forms and valid intersections
- EPM Automate and application maintenance
- Financial reporting and dashboards
Topic 3: Application Setup and Configuration
28%
- FCCS architecture and business process setup
- System settings and validation
- Security setup and role assignment
- Dimension management and metadata configuration
Topic 4: Close Process and Journal Management
22%
- Supplemental Data setup
- Task Manager configuration
- Approval units and workflow
- Journal creation, approval and posting
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
For which task categories is Audit enabled by default?
A. No task categories
B. Journals
C. Data only
D. All task categories
Answer: D
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)
A. Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
B. Translated values for Closing Balance are adjusted to the ending rate for the period.
C. Values for Opening Balance are retrieved from the prior period's Closing Balance.
D. Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
Answer: B,C
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
Which two are members in the Consolidation dimension? (Choose two.)
A. FCCS Data Input
B. FCCS Total input And Adjusted
C. FCCS Proportion
D. FCCS Entity Input
Answer: C,D
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
What action requires refreshing the database?
A. You deploy a new Configurable Calculation rule in Calculation Manager.
B. You edit the alias for a member in the Entity dimension.
C. You change the ownership percentage for an entity.
D. You edit the Consolidation Operator for a member in the Account dimension.
Answer: B
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)
A. Scenario
B. Data Source
C. Entity
D. Period
E. Year
F. Consolidation
Answer: A,C,D,E
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
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