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Oracle 1Z0-1081-23 Exam Questions

Status: RETIRED
Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
Exam Code: 1Z0-1081-23
Related Certification(s):
  • Oracle Cloud Certifications
  • Oracle Enterprise Performance Management (SaaS - EPM) SaaS - EPM Certifications
Certification Provider: Oracle
Number of 1Z0-1081-23 practice questions in our database: 60 (updated: 03-07-2024)
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2 months ago
Successfully cleared the Oracle exam! Pass4Success's questions aligned perfectly with the actual test. Thanks for the speedy prep!
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3 months ago
Oracle certified! Pass4Success's practice tests were crucial. Appreciative of the focused content that saved me time and stress.
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Socorro

3 months ago
Just passed the Oracle Financial Consolidation exam! Pass4Success's practice questions were spot-on. Thanks for helping me prep quickly!
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3 months ago
Oracle cert achieved! Pass4Success's exam material was a lifesaver. Grateful for the relevant questions that made studying efficient.
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Kris

3 months ago
Financial reporting is a crucial area covered in the exam. You might encounter questions about creating custom reports and using Financial Reporting Web Studio. Familiarize yourself with the reporting tools and best practices. Thanks to Pass4Success, I felt well-prepared for these questions and passed the exam confidently.
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Glen

4 months ago
Passed the Oracle Financial Consolidation exam today! Pass4Success's resources were invaluable. Thanks for the timely prep materials!
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Free Oracle 1Z0-1081-23 Exam Actual Questions

Note: Premium Questions for 1Z0-1081-23 were last updated On 03-07-2024 (see below)

Question #1

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

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Correct Answer: D

The result of enabling the Calculate Movements system rule is: Closing Balance is aggregated from Opening Balance and the current period's movement value. The Calculate Movements system rule is a predefined rule that calculates the movement values for each account based on the opening balance and closing balance input values. The rule also aggregates the closing balance from the opening balance and the current period's movement value. The rule can be executed manually or automatically depending on the application settings. The other options are not results of enabling the Calculate Movements system rule.Reference:Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 59-60; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-4.


Question #2

Which of the following is allowed for accounts with the data storage type of Dynamic Calc?

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Correct Answer: C

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