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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Architecture | 15% | - Navigation and user interface components - Architecture and deployment options - Oracle FCCS product overview and key capabilities |
| Topic 2: Reporting and Analysis | 10% | - Dashboards and analysis tools - Financial reports and Smart View - Report designer and templates |
| Topic 3: Configuration and Setup | 25% | - Application settings and preferences - Currency and exchange rate configuration - Entity structure and hierarchy configuration - Chart of accounts setup - Period and calendar management |
| Topic 4: Security and Administration | 10% | - User roles and access management - System administration tasks - Security filters and data access controls |
| Topic 5: Data Management | 20% | - Data quality and validation rules - Data maps and data grids - Data loading and integration methods - Journal entries and adjustments - Intercompany transactions |
| Topic 6: Consolidation Processing | 20% | - Ownership and investment eliminations - Non-controlling interests - Consolidation methods and logic - Consolidation run and workflow |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
- A. Excel XLS file type
- B. DAT file type
- C. Tab delimited
- D. Comma delimited
Correct Answer: C,D 🗳️
Which statement correctly describes the Consolidation dimension?
- A. The dimension contains members to store non-controlling interest and joint venture data.
- B. The dimension aggregates input, consolidated, and elimination data together.
- C. The dimension uses a separate member to store data from an entity's descendants.
- D. The dimension allows users to see input versus journal adjustment data.
Correct Answer: D 🗳️
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
- A. the first and third Monday of each month; first Monday for TEST and third Monday for PROD
- B. the first and third Friday of each month; first Friday for TEST and third Friday for PROD
- C. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
- D. the third Friday of each month to apply to both TEST and PROD simultaneously
Correct Answer: B 🗳️
Which statement is FALSE about the Equity Pickup feature?
- A. Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
- B. Equity Pickup rules run as part of the consolidation process
- C. Equity Pickup rules are run on demand from the Rules card by users with launch permission.
- D. Seeded rule sets are provided for Equity Pickup.
Correct Answer: A 🗳️
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Which four sample ratios can be selected during business process creation? (Choose four.)
- A. Debt Ratio
- B. Earnings per Share
- C. Inventory Ratios
- D. Gross Margin
- E. Days Sales in Receivables
- F. Contribution Margin
Correct Answer: A,C,D,E 🗳️
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