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Updated: Sep 02, 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: | 24 months |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Real Exam Qty: | 55-60 |
| Passing Score: | 66% |
| Related Certifications: | Oracle Cloud Enterprise Performance Management |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Recommended Training: | Oracle Financial Consolidation and Close 2023 Implementation Training Oracle EPM Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Scheduling Oracle University Registration |
| Sample Questions: | Oracle 1z0-1081-23 Sample Questions |
| Exam Way: | Online proctored or onsite testing via Pearson VUE |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle EPM Cloud and FCCS is strongly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2023-implementation-professional/pexam_1Z0-1081-23 |
Oracle 1z0-1081-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Integration and Reporting | 22% | - Data loading and integration configuration - Financial reporting and dashboards - Data forms and valid intersections - EPM Automate and application maintenance |
| Consolidation Process and Logic | 28% | - Intercompany eliminations and adjustments - Currency translation and exchange rates - Consolidation workflow and balance calculation - Ownership management and consolidation methods |
| Application Setup and Configuration | 28% | - Security setup and role assignment - FCCS architecture and business process setup - System settings and validation - Dimension management and metadata configuration |
| Close Process and Journal Management | 22% | - Journal creation, approval and posting - Task Manager configuration - Approval units and workflow - Supplemental Data setup |
Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
Question 1
Which statement is FALSE about Task Manager schedules?
A. To start all the tasks in a schedule, you must change the status from Pending to Open.
B. You can re-open a schedule that has been locked.
C. You can still add tasks to a schedule that has been closed.
D. Users can still complete tasks in a schedule that has been closed.
Question 2
When do you enable submission phases for your approval process?
A. When you start the approval process for an approval unit on the Manage Approvals page
B. When you set the member properties for the entity
C. When you assign the approval unit hierarchy to a scenario, period, and year
D. When you set up the approval unit hierarchy
Question 3
Which two statements about the Copy Data function are true? (Choose two.)
A. When you select the Regular Data option, journals data is included.
B. You cannot select which Account members to copy.
C. You can select which Consolidation dimension member to copy.
D. You can copy data for historical rate and amount overrides.
Question 4
Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
A. Execute Integration dialog box
B. Location Attributes section of the Create Integration dialog box
C. Options tab of the Application Details dialog box
D. Workbench
Question 5
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)
A. Minority Interest Percentage
B. Ownership Percentage
C. Consolidation Percentage
D. Consolidation Method
E. Control
Solutions:
| Question 1 Answer: C | Question 2 Answer: D | Question 3 Answer: C,D | Question 4 Answer: C | Question 5 Answer: B,C,D |
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