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Updated: Jul 29, 2026

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Oracle 1z0-1081-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financial Consolidation and Close 2023 Implementation Professional
Exam Number:1Z0-1081-23
Exam Price:USD 245 (may vary by region)
Exam Duration:90 minutes
Related Certifications:Oracle Cloud EPM Certifications
Oracle Financial Consolidation and Close Implementation Associate
Certificate Validity Period:Not publicly specified (Oracle certification validity may vary by program update)
Exam Format:Multiple Choice, Multiple Response
Real Exam Qty:50-60 (typical Oracle professional-level exam range; not officially disclosed)
Available Languages:English
Recommended Training:Oracle University FCCS Training Catalog
Exam Registration:Oracle Certification Portal
Sample Questions:Oracle 1z0-1081-23 Sample Questions
Exam Way:Online proctored exam via Oracle Certification platform
Pre Condition:Recommended knowledge of Oracle Cloud EPM Financial Consolidation and Close and basic financial consolidation concepts
Official Syllabus URL:https://education.oracle.com/

Oracle 1z0-1081-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Consolidation Process- Financial consolidation execution
  • 1. Elimination and ownership processing
    • 2. Consolidation rules and calculations
      • 3. Currency translation
        Topic 2: Close Process Management- Period close activities
        • 1. Monitoring and reconciliation processes
          • 2. Task lists and workflow management
            Topic 3: FCCS Application Configuration- Application setup and configuration
            • 1. Defining consolidation methods and settings
              • 2. Creating and configuring FCCS applications
                Topic 4: Security and Access Management- User roles and permissions
                • 1. Security configuration in FCCS
                  • 2. Access control for data and metadata
                    Topic 5: Reporting and Analysis- Financial reporting tools
                    • 1. Data analysis and validation reporting
                      • 2. Financial reports and Smart View
                        Topic 6: Journals and Adjustments- Manual and automated journals
                        • 1. Journal creation and posting
                          • 2. Adjustment entries and validation
                            Topic 7: Metadata and Dimensions- Core dimensions
                            • 1. Movement, Intercompany, Data Source
                              • 2. Account, Entity, Scenario, Version
                                - Metadata management
                                • 1. Loading and maintaining metadata
                                  • 2. Validation and hierarchy design
                                    Topic 8: Data Integration and Loading- Data management processes
                                    • 1. Data validation and transformation
                                      • 2. Data loading methods and mappings

                                        Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

                                        1. You are required to create a form that allows users to input data. Which three actions are consistent with this?
                                        (Choose three.)

                                        A) Select level 0 dimension members for POV\ rows, and columns. www*'
                                        B) Set the currency on the form to Parent Currency.
                                        C) Set the consolidation member on the form to FCCS Entity Input.
                                        D) Grant the data input users Write access to the dimension members used on the form.
                                        E) In the member selection for Entity, do not include shared entities; include only primary instances of entities.


                                        2. Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

                                        A) An extra custom dimension is available.
                                        B) The ICP dimension is omitted.
                                        C) Data can be stored by the intercompany partner but no eliminations occur.
                                        D) The FCCS No Intercompany member of the ICP dimension is used for all data.


                                        3. Which statement correctly describes the Consolidation dimension?

                                        A) The dimension allows users to see input versus journal adjustment data.
                                        B) The dimension allows users to view data in the parent currency.
                                        C) The dimension contains members to store non-controlling interest and joint venture data.
                                        D) The dimension uses a separate member for data from an entity's level-zero descendants.


                                        4. Which two statements are true about Enterprise Journals? (Choose two.)

                                        A) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
                                        B) Line items can only include entities that have been enabled for Enterprise Journals.
                                        C) You cannot deploy Enterprise Journals to a period with Pending status.
                                        D) You can assign a team as preparer or reviewer.


                                        5. In Data Integration, for what purpose do you use Workbench?

                                        A) To review mapping of source to target members
                                        B) To edit the data load file format
                                        C) To configure data load options
                                        D) To define dimension mapping


                                        Solutions:

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

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