Free Oracle 1Z0-1081-23 Exam Actual Questions

The questions for 1Z0-1081-23 were last updated On Mar 27, 2025

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Question No. 2

Which statement is FALSE about running consolidations?

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Question No. 5

In the approval process, which four dimensions constitute an approval unit? (Choose four.)

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Correct Answer: B, C, D, E

In the approval process, the four dimensions that constitute an approval unit are:

Year: This is the fiscal year for which the data is submitted.

Scenario: This is the type of data that is submitted, such as Actual, Budget, or Forecast.

Period: This is the time period within the fiscal year for which the data is submitted, such as Month, Quarter, or Year.

Data Source (Entity): This is the combination of Data Source and Entity dimensions that identifies the source and destination of the data.

The other options are not dimensions that constitute an approval unit. Account is not a dimension that is used in the approval process, as it represents all accounts in the application. Data Source (Entity) already includes Data Source as a sub-dimension, so it does not need to be specified separately.Reference: [Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide], page 15; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 2-13.