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Oracle 1Z0-1081-24 Exam Syllabus Topics:

Section	Weight	Objectives
Data Integration and Reporting	22%	- Reporting and analysis 1. Use Financial Reporting Studio 2. Design reports and dashboards - Data loading and integration 1. Integrate with source systems 2. Data load rules and validation
Financial Close Management	24%	- Journals and adjustments 1. Posting and approval processes 2. Create and manage enterprise journals - Close process setup 1. Use EPM Task Manager 2. Approval unit hierarchies and workflows
Consolidation Rules and Eliminations	26%	- Consolidation logic and methods 1. Ownership and investment elimination 2. Non-controlling interest calculation - Advanced consolidation features 1. Currency translation setup and execution 2. Custom consolidation rules and Groovy scripts
Application Setup and Configuration	28%	- Application creation and configuration 1. Enable features like Multi-GAAP, Multi-Currency 2. Manage dimensions and metadata - Security and user management 1. Assign roles and access permissions 2. Dimension security setup

Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?

A) An ownership percentage for the entity other than 100 was entered.
B) The parent entity has a different currency than the child.
C) A rate was entered into the FCCS Rate Override account.
D) An intercompany elimination was performed.

2. Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

A) Account
B) Entity
C) From Currency
D) Currency

3. Which three dimensions can be included in an approval group? (Choose three.)

A) Multi-GAAP
B) Account
C) Entity
D) Scenario
E) Movement

4. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A) Consolidation
B) Entity
C) Scenario
D) Period
E) Year
F) Data Source

5. Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

A) Account
B) Entity
C) Scenario
D) Period
E) Year

Solutions:

Question # 1
Answer: A

Question # 2
Answer: C

Question # 3
Answer: B,C,D