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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which customization can you perform on the Navigation Flows page?

A) Select a color scheme.
B) Set a default POV by user group.
C) Add or Hide cards.
D) Select a data form to display at start up based on user group.

2. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)

A) Data tile name
B) Member mappings
C) Target application
D) Scenario

3. For which task categories is Audit enabled by default?

A) No task categories
B) Journals
C) All task categories
D) Data only

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

5. What is the result of enabling the Calculate Movements system rule?

A) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
B) Closing Balance is aggregated from Opening Balance and the current period's movement value.
C) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
D) Level 0 movement members become read only in web forms, and must be populated through data load.

Solutions: