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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:
1. 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
2. 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
3. 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
4. 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
5. 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
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C | Question # 3 Answer: A,B | Question # 4 Answer: A,D | Question # 5 Answer: A |
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