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

1z0-1081-23 real exams

Exam Code: 1z0-1081-23

Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional

Updated: Aug 31, 2025

Q & A: 60 Questions and Answers

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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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


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

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


3. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?

A) None
B) Write
C) Comment
D) Read


4. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A) Scenario
B) Consolidation
C) Data Source
D) Year
E) Period
F) Entity


5. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Scenario
B) Account
C) Year
D) Period
E) Data Source (Entity)


Solutions:

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

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