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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Consolidation Processing | 20% | - Consolidation methods and logic - Non-controlling interests - Consolidation run and workflow - Ownership and investment eliminations |
| Topic 2: Security and Administration | 10% | - User roles and access management - System administration tasks - Security filters and data access controls |
| Topic 3: Data Management | 20% | - Data loading and integration methods - Intercompany transactions - Data quality and validation rules - Journal entries and adjustments - Data maps and data grids |
| Topic 4: Configuration and Setup | 25% | - Currency and exchange rate configuration - Application settings and preferences - Period and calendar management - Entity structure and hierarchy configuration - Chart of accounts setup |
| Topic 5: Reporting and Analysis | 10% | - Dashboards and analysis tools - Report designer and templates - Financial reports and Smart View |
| Topic 6: Overview and Architecture | 15% | - Oracle FCCS product overview and key capabilities - Navigation and user interface components - Architecture and deployment options |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
What information is included in the data extract export file delimited format?
- A. the application name
- B. the ID of the user performing the extract
- C. the domain and application name
- D. the data load cube name
Correct Answer: B 🗳️
A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)
- A. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards
- B. leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
- C. dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
- D. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
- E. provide the ability to collaborate during close and analyse transaction detail in real time
Correct Answer: A,C 🗳️
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)
- A. FCCS_Intercompany Eliminations
- B. FCCS_Journal Input
- C. FCCS_PCON
- D. FCCS_No Data Source
Correct Answer: A,B 🗳️
Explanation: Only visible for UpdateDumps members. You can sign-up / login (it's free).
Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)
- A. Year
- B. Scenario
- C. Account
- D. Period
- E. Entity
Correct Answer: A,D 🗳️
Explanation: Only visible for UpdateDumps members. You can sign-up / login (it's free).
Audit is enabled by default for which task categories?
- A. Data only
- B. No task categories
- C. Metadata Administration and Security
- D. All task categories
Correct Answer: A 🗳️
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