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Oracle 1Z0-1081-23 Exam Topics

Oracle 1Z0-1081-23 Exam Overview :

Exam Name: Oracle Financial Consolidation and Close 2023 Implementation Professional
Exam Code: 1Z0-1081-23
Certifications: Oracle Cloud , Oracle SaaS - EPM Certifications
See Expected Questions: Oracle 1Z0-1081-23 Expected Questions in Actual Exam

Oracle 1Z0-1081-23 Exam Objectives :

Section Objectives
Financial Consolidation and Close Overview In this section of the exam, topics discovered include Financial Consolidation and Close features. 
Set Up the Financial Consolidation and Close Business Process This exam section covers running the setup wizard for the FCC business process; ading users and assign security roles, and describing Period and Movement as Dense dimensions (DSO). 
Manage Dimensions This section aims to describe the Account, Entity, and Scenario dimensions. It covers how to add and edit members using the Simplified Dimension Editor Import members from a file.
Set Up and Run Consolidations This section explains the consolidation process and closing balance calculation, it also covers how to enter exchange rates and historical override rates and amounts and 
configure the default translation method and default rate accounts. Moreover, the section covers the calculation statuses for entities, running consolidation, Translating data to reporting currencies, and describing Intercompany Entity Aggregation Options. 
Set Up Advanced Consolidations In this section of the exam, the topics covered include customizing the translation process using translation rules and custom rate accounts. It covers how to create custom consolidation calculations with Configurable Calculations, setting up statutory consolidations using Ownership Management, and consolidation adjustments with Configurable Consolidation policies. 
Build Out Your Financial Consolidation and Close Solution This section covers explaining valid and invalid intersection rules, creating data forms, and managing the close process using Task Manage.
Manage Journals This section of the exam cvoers how to create consolidation journals and consolidation journal templates and manage Enterprise Journals.
Manage Approvals This exam covers how to explain the approval process for entities, set up the approval process, and explain approval groups and phased submissions. 
Managing Business Process Data The section covers how to import and export; copy and clear data, audit changes to the application and data, back up and migrate data and metadata, and automate repetitive tasks using EPM Automate. 
Design Reports and Dashboards In this section, topics discussed are how to create a journal, intercompany, and consolidation reports in addition to running financial reports and creating Dashboards.
Loading Data Using Data Integration This section of the exam covers how to register and edit application details, set up integration prerequisites, create, edit, and run integrations, how to view integrations in Workbench, etc.
Official Information https://education.oracle.com/oracle-financial-consolidation-and-close-2023-implementation-professional/pexam_1Z0-1081-23

Updates in the Oracle 1Z0-1081-23 Exam Topics:

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