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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A) Period, Year, and View
B) Period and Year
C) Period
D) View

2. Which three dimensions can be included in an approval group? (Choose three.)

A) Multi-GAAP
B) Entity
C) Movement
D) Scenario
E) Account

3. When do you enable submission phases for your approval process?

A) When you set up the approval unit hierarchy
B) When you set the member properties for the entity
C) When you start the approval process for an approval unit on the Manage Approvals page
D) When you assign the approval unit hierarchy to a scenario, period, and year

4. 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

5. The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

A) H 1 and P 2
B) No elimination is performed, because H 1 and P 1 do not have the same parent.
C) Hickory and Paducah
D) PQR

Solutions: