Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Available Languages: | English |
| Real Exam Qty: | 70 |
| Passing Score: | 60% |
| Related Certifications: | Oracle Financial Consolidation and Close 2024 Certified Implementation Specialist |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | 2 years |
| Exam Price: | $245 USD |
| Exam Duration: | 120 minutes |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or testing center |
| Pre Condition: | Recommended: Experience with Oracle FCCS implementation and financial consolidation processes |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2024-implementation-professional/ |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Analysis | 10% | - Report designer and templates - Dashboards and analysis tools - Financial reports and Smart View |
| Overview and Architecture | 15% | - Navigation and user interface components - Oracle FCCS product overview and key capabilities - Architecture and deployment options |
| Configuration and Setup | 25% | - Entity structure and hierarchy configuration - Currency and exchange rate configuration - Period and calendar management - Chart of accounts setup - Application settings and preferences |
| Security and Administration | 10% | - User roles and access management - Security filters and data access controls - System administration tasks |
| Data Management | 20% | - Data loading and integration methods - Data maps and data grids - Data quality and validation rules - Intercompany transactions - Journal entries and adjustments |
| Consolidation Processing | 20% | - Consolidation run and workflow - Consolidation methods and logic - Ownership and investment eliminations - Non-controlling interests |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)
A) Data Management
B) ERP r12
C) ERP Cloud
D) Supplemental Data
2. Which statement
is FALSE when Intercompany Data is enabled?
A) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
B) Tracking intercompany eliminations is optional.
C) Intercompany accounts are assigned plug accounts.
D) The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.
3. Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
A) FCCS_Proportion
B) FCCS_No Data Source
C) FCCS_SystemTypes
D) FCCS_Data Input
4. What is
the function of Source Mapping in Data Management?
A) Define the close calendar periods.
B) Manage source periods in relation to global periods.
C) Map local dimension members to the application dimension members.
D) Defined the input currency for each data source supplying data to the application.
5. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
A) Location Attributes section of the Create Integration dialog box
B) Options tab of the Application Details dialog box
C) Workbench
D) Execute Integration dialog box
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |


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