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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 - Period and calendar management - Chart of accounts setup - Currency and exchange rate configuration |
| Topic 2: Data Management | 20% | - Data quality and validation rules - Data maps and data grids - Data loading and integration methods - Intercompany transactions - Journal entries and adjustments |
| Topic 3: Security and Administration | 10% | - System administration tasks - Security filters and data access controls - User roles and access management |
| Topic 4: Consolidation Processing | 20% | - Ownership and investment eliminations - Consolidation run and workflow - Consolidation methods and logic - Non-controlling interests |
| Topic 5: Overview and Architecture | 15% | - Architecture and deployment options - Oracle FCCS product overview and key capabilities - Navigation and user interface components |
| Topic 6: Reporting and Analysis | 10% | - Report designer and templates - Dashboards and analysis tools - Financial reports and Smart View |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which two are members in the Consolidation dimension? (Choose two.)
A) FCCS Proportion
B) FCCS Entity Input
C) FCCS Data Input
D) FCCS Total input And Adjusted
2. What is true about Opening Balance Override rules in Oracle Financial Consolidation and Close?
A) Opening Balance Override rules execute for the first period in the year only.
B) They are available only if Intercompany Data with Tracking is enabled for the business process.
C) You can select which entities to include in the rule scope.
D) You can select which accounts to include in the rule scope.
3. 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.
4. 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) Other Options section
B) the Point of View
C) a column
D) the Page Axis
5. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
A) Import journals
B) Load a data file
C) Run a business rule
D) Export metadata
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: D |
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