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Updated: Jul 21, 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 |
| Certificate Validity Period: | Certificate does not expire once earned (no stated expiry for this exam) |
| Exam Format: | Multiple choice |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financial Consolidation and Close 2023 Certified Implementation Professional |
| Passing Score: | 66% |
| Real Exam Qty: | 60 |
| Exam Price: | USD not publicly listed (Oracle exam pricing varies by region) |
| Available Languages: | English |
| Sample Questions: | Oracle 1z0-1081-23 Sample Questions |
| Exam Way: | Delivered as a proctored multiple-choice exam, scheduled via Oracle's certification platform. |
| Pre Condition: | Hands-on experience with Oracle FCCS recommended; no mandatory prerequisites listed. |
| Official Syllabus URL: | https://www.oracle.com/education/certification/ |
Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Task and Data Management | - Manage close process using Task Manager - Data import, export, and integrations |
| Dimension and Metadata Management | - Import and edit members - Manage dimensions and hierarchies |
| Consolidation and Close Execution | - Run consolidations and currency translation - Intercompany eliminations and adjustments |
| Reporting and Dashboards | - Design reports using Financial Reporting Studio - Create dashboards and data forms |
| Overview of Financial Consolidation and Close | - Overview of FCCS features - Consolidation and close process architecture |
| Setup and Configuration | - Application setup and business process configuration - Security configuration and user roles |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. Which four sample ratios can be selected during business process creation? (Choose four.)
A) Earnings per Share
B) Inventory Ratios
C) Debt Ratio
D) Days Sales in Receivables
E) Gross Margin
F) Contribution Margin
2. In Data Integration, for what purpose do you use Workbench?
A) To configure data load options
B) To edit the data load file format
C) To define dimension mapping
D) To review mapping of source to target members
3. For which scenario would an On-Demand rule be an appropriate solution?
A) To add a column with a calculation to a report
B) To perform a custom currency translation for a subset of accounts
C) To allocate data to base entities prior to consolidation
D) To import data into a form or Smart View worksheet
4. Which two statements are true about the Multi-GAAP feature? (Choose two.)
A) When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.
B) You must specify a prefix for entities that use the alternate gap standard.
C) Enabling Multi-GAAP reduces the number of custom dimensions you can have.
D) Select this option if you need to report your financial statements only in IFRS.
5. Which statement is FALSE about running consolidations?
A) When you consolidate a parent, children with the Impacted calculation status are also consolidated.
B) When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
C) When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.
D) Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
Solutions:
| Question # 1 Answer: B,C,D,E | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A,C | Question # 5 Answer: B |
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