Oracle Financial Consolidation and Close 2023 Implementation Professional : 1z0-1081-23 Exam Questions

  • Exam Code: 1z0-1081-23
  • Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
  • Updated: Jun 19, 2026
  • Q&As: 60 Questions and Answers

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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about Task Manager schedules?

A) You can still add tasks to a schedule that has been closed.
B) To start all the tasks in a schedule, you must change the status from Pending to Open.
C) Users can still complete tasks in a schedule that has been closed.
D) You can re-open a schedule that has been locked.


2. What action requires refreshing the database?

A) You edit the alias for a member in the Entity dimension.
B) You change the ownership percentage for an entity.
C) You deploy a new Configurable Calculation rule in Calculation Manager.
D) You edit the Consolidation Operator for a member in the Account dimension.


3. Which two conditions are required for foreign currency translation to take place during the default consolidation process? (Choose two.)

A) The child entity is NOT a shared entity.
B) The default currency of the child is different from the default currency of the parent.
C) To specify exchange rates you must set up multiple currencies when creating an application.
D) Reporting currencies have been defined in the Currency dimension.


4. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Task Manager rule.
B) Create a valid intersection rule.
C) Create a Configurable Consolidation rule.
D) Create a Groovy rule.


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

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


Solutions:

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

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