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Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financial Consolidation and Close 2024 Certified Implementation Specialist |
| Passing Score: | 60% |
| Real Exam Qty: | 70 |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | 2 years |
| 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 |
|---|---|---|
| Topic 1: Configuration and Setup | 25% | - Application settings and preferences - Entity structure and hierarchy configuration - Currency and exchange rate configuration - Period and calendar management - Chart of accounts setup |
| Topic 2: Overview and Architecture | 15% | - Architecture and deployment options - Navigation and user interface components - Oracle FCCS product overview and key capabilities |
| Topic 3: Reporting and Analysis | 10% | - Report designer and templates - Dashboards and analysis tools - Financial reports and Smart View |
| Topic 4: Consolidation Processing | 20% | - Non-controlling interests - Consolidation run and workflow - Ownership and investment eliminations - Consolidation methods and logic |
| Topic 5: Data Management | 20% | - Data loading and integration methods - Data maps and data grids - Data quality and validation rules - Intercompany transactions - Journal entries and adjustments |
| Topic 6: Security and Administration | 10% | - System administration tasks - Security filters and data access controls - User roles and access management |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. What is
the function of Source Mapping in Data Management?
A) Map local dimension members to the application dimension members.
B) Defined the input currency for each data source supplying data to the application.
C) Manage source periods in relation to global periods.
D) Define the close calendar periods.
2. In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
A) when the tasks require consistent definition across close schedules
B) when the tasks require multiple levels of approvers
C) when the tasks are repeatable over multiple close cycles
D) when the tasks are often late in completion and they need to be monitored more closely
3. What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?
A) The data export format / file extension is always extracted in a DAT file format.
B) The data export format / file extension is always extracted in a XLS file format.
C) The data export format / file extension is always extracted in a ZIP file format.
D) The data export format / file extension is always extracted in a CSV file format.
4. What are
two important first steps in initially setting up Task Manager?
A) Define system settings such as Organization units, Holiday rules and Task attachment size.
B) Set up Users.
C) Assign tasks to users.
D) Create a schedule and set it to Open status.
5. Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?
A) Multi-GAAP, Data Type, Intra-company
B) Data source, Consolidation, View
C) From Currency, Movement, Scenario
D) Value, Entity, Account
E) Period, Year, Entity
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: E |
By Sibyl
