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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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Aileen

10 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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Giuseppe

10 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

10 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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Billye

10 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

10 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

11 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

Which statement is FALSE about running consolidations?

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Correct Answer: C

The statement that is false about running consolidations is: When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated. This is false because running consolidation for a child entity only affects the child entity and its descendants, not the parent entity or its siblings. The parent entity will only be re-consolidated if it has the Impacted calculation status or if you use the Force Consolidate option. The other statements are true about running consolidations.Reference:Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 29; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 5-7.


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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