Exam Code: 1Z0-1081-24
Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1081-24 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Consolidation Processing20%- Ownership and investment eliminations
- Consolidation run and workflow
- Consolidation methods and logic
- Non-controlling interests
Topic 2: Data Management20%- Data maps and data grids
- Intercompany transactions
- Data quality and validation rules
- Journal entries and adjustments
- Data loading and integration methods
Topic 3: Overview and Architecture15%- Navigation and user interface components
- Architecture and deployment options
- Oracle FCCS product overview and key capabilities
Topic 4: Security and Administration10%- System administration tasks
- Security filters and data access controls
- User roles and access management
Topic 5: Reporting and Analysis10%- Report designer and templates
- Financial reports and Smart View
- Dashboards and analysis tools
Topic 6: Configuration and Setup25%- Currency and exchange rate configuration
- Period and calendar management
- Chart of accounts setup
- Entity structure and hierarchy configuration
- Application settings and preferences

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

Question 1

In the
Movement dimension, for which two can you modify the default translation calculation?

A. Opening Balance
B. Base-level members under FCCS_Mvmts Subtotal
C. Opening Balance Input
D. Closing Balance


Question 2

For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?

A. Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
B. Edit the numbers using a web form or Smart View after consolidating.
C. Create an on-demand rule in Calculation Manager that you run after consolidation.
D. Click Configurable Consolidation on the Consolidation Process page and create a Configurable


Question 3

Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

A. You can include Data Management artifacts in the clone.
B. The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
C. You can include the inbox and outbox contents in the clone.
D. You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.


Question 4

Which two are required fields when registering a source system in Data Management?

A. Source System Type
B. Cloud Type
C. Drill Through URL
D. Name


Question 5

You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?

A. a column
B. the Page Axis
C. Other Options section
D. the Point of View


Solutions:

Question 1
Answer: A,B
Question 2
Answer: D
Question 3
Answer: B
Question 4
Answer: C,D
Question 5
Answer: D

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