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Oracle 1z0-1081-23 Exam Syllabus Topics:

Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)

A) Movement
B) Account
C) View
D) Consolidation

2. 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) Read
B) Comment
C) None
D) Write

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

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

4. Which statement is true about an approval process with the Phase Dependency option enabled?

A) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.
B) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.
C) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
D) Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

5. Which statement is FALSE about the Equity Pickup feature?

A) Seeded rule sets are provided for Equity Pickup.
B) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
C) Equity Pickup rules run as part of the consolidation process
D) Equity Pickup rules are run on demand from the Rules card by users with launch permission.

Solutions: