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Oracle 1Z0-1081-24 guide torrent - Oracle Financial Consolidation and Close 2024 Implementation Professional

Updated: Aug 31, 2026

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1Z0-1081-24 guide torrent
  • Exam Code: 1Z0-1081-24
  • Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Analysis- Financial reporting
  • 1. Financial reports and dashboards
    • 2. Smart View reporting integration
      Topic 2: Rules and Automation- Business rules and calculation logic
      • 1. Rule development and validation
        • 2. Automated consolidation scripts
          Topic 3: Journals and Adjustments- Journal management
          • 1. Creating and posting journals
            • 2. Adjustment entries and validations
              Topic 4: Consolidation Process- Financial consolidation activities
              • 1. Elimination rules and processing
                • 2. Ownership and consolidation methods
                  • 3. Currency translation
                    Topic 5: Security and Access- User and role management
                    • 1. Security configuration
                      • 2. Access permissions and data restrictions
                        Topic 6: Data Integration- Data loading and management
                        • 1. Importing and validating data
                          • 2. Data Management / Data Integration workflows
                            Topic 7: Intercompany Processing- Intercompany transactions
                            • 1. Matching and elimination
                              • 2. Reconciliation processes
                                Topic 8: Close Process Management- Period close activities
                                • 1. Close process automation
                                  • 2. Validation and review procedures
                                    Topic 9: Application Configuration- FCCS application setup and configuration
                                    • 1. Setting up dimensions (Account, Entity, Scenario, Time, View)
                                      • 2. Creating and configuring applications

                                        Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

                                        Question 1

                                        What is
                                        the function of Source Mapping in Data Management?

                                        A. Map local dimension members to the application dimension members.
                                        B. Defined the input currency for each data source supplying data to the application.
                                        C. Manage source periods in relation to global periods.
                                        D. Define the close calendar periods.


                                        Question 2

                                        Where can you set the default member for the Currency dimension in a Data Integration integration?

                                        A. Run Integration dialog box
                                        B. Location Attributes in the Create Integration dialog box
                                        C. Options tab of the Application Details dialog box
                                        D. Map Members tab in the Create Integration dialog box


                                        Question 3

                                        What is the correct Currency dimension member to select when running an Intercompany Matching Report?

                                        A. Entity Currency
                                        B. Reporting Currency
                                        C. Input Currency
                                        D. Parent Currency


                                        Question 4

                                        Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

                                        A. Year, Scenario, Base Entity and Account
                                        B. Period, Scenario, Base Entity and Parent Entity
                                        C. Scenario, Account, Base Entity and Parent Entity
                                        D. Scenario, View, Parent Entity and Account


                                        Question 5

                                        Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

                                        A. The ICP dimension is omitted.
                                        B. An extra custom dimension is available.
                                        C. Data can be stored by the intercompany partner but no eliminations occur.
                                        D. The FCCS No Intercompany member of the ICP dimension is used for all data.


                                        Solutions:

                                        Question 1
                                        Answer: B
                                        Question 2
                                        Answer: B
                                        Question 3
                                        Answer: B
                                        Question 4
                                        Answer: B
                                        Question 5
                                        Answer: A

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