Study with 1z0-1081-23 Actual Test Questions
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Updated: Aug 06, 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) |
| Real Exam Qty: | 50-60 (typical Oracle professional-level exam range; not officially disclosed) |
| 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 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| 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 |
|---|---|
| Consolidation Process | - Financial consolidation execution
|
| Reporting and Analysis | - Financial reporting tools
|
| Security and Access Management | - User roles and permissions
|
| Close Process Management | - Period close activities
|
| FCCS Application Configuration | - Application setup and configuration
|
| Metadata and Dimensions | - Core dimensions
|
| Data Integration and Loading | - Data management processes
|
| Journals and Adjustments | - Manual and automated journals
|
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
A) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
B) If a shared member is selected for a rule, the primary instance of the member is selected as well.
C) Selecting a shared member for a rule does not include its primary instance.
D) Selecting the primary instance of a member does not include shared members.
2. Which statement is FALSE about the Equity Pickup feature?
A) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
B) Equity Pickup rules run as part of the consolidation process
C) Seeded rule sets are provided for Equity Pickup.
D) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
3. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)
A) Chart
B) Footer
C) Grid
D) Header
4. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)
A) Scenario
B) Target application
C) Member mappings
D) Data tile name
5. What is the result of enabling the Calculate Movements system rule?
A) Closing Balance is aggregated from Opening Balance and the current period's movement value.
B) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
C) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
D) Level 0 movement members become read only in web forms, and must be populated through data load.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: D | Question # 3 Answer: A,C | Question # 4 Answer: B,C | Question # 5 Answer: A |
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