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Updated: Jul 20, 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 |
| Related Certifications: | Oracle Cloud EPM Certifications Oracle Financial Consolidation and Close Implementation Associate |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 50-60 (typical Oracle professional-level exam range; not officially disclosed) |
| Exam Price: | USD 245 (may vary by region) |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | Not publicly specified (Oracle certification validity may vary by program update) |
| 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:
| Section | Objectives |
|---|---|
| Topic 1: FCCS Application Configuration | - Application setup and configuration
|
| Topic 2: Security and Access Management | - User roles and permissions
|
| Topic 3: Metadata and Dimensions | - Core dimensions
|
| Topic 4: Consolidation Process | - Financial consolidation execution
|
| Topic 5: Close Process Management | - Period close activities
|
| Topic 6: Reporting and Analysis | - Financial reporting tools
|
| Topic 7: Data Integration and Loading | - Data management processes
|
| Topic 8: Journals and Adjustments | - Manual and automated journals
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)
A) FX Rates - Ending
B) FX Rates - Opening
C) FX Rates - Historical
D) FX Rates - Average
E) FX Rates - None
2. Why should years be consolidated sequentially; i.e., first 2018, then 2019, then 2020?
A) There is no reason to consolidate years sequentially.
B) Each period in the year must consolidate separately.
C) Parent account calculations depend on the sequencing.
D) Years should be consolidated sequentially to ensure that rollforward calculations are correct.
3. For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?
A) Select the Consolidation template when setting up the Approval Unit hierarchy.
B) Delete the default Approval Unit hierarchy.
C) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
D) Select users with the Service Administrator security role.
4. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?
A) View
B) Period
C) Period and Year
D) Period, Year, and View
5. You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?
A) Gauge
B) Line
C) Tile
D) Bar
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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