We're so confident of our products that we provide no hassle product exchange.
Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Exam Format: | Multiple Choice, Scenario-based |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD |
| Passing Score: | 68% |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Related Certifications: | Oracle Financial Consolidation and Close 2025 Implementation Professional |
| Real Exam Qty: | 55 |
| Recommended Training: | Become a Certified FCC Implementer |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or Pearson VUE testing center |
| Pre Condition: | No mandatory prerequisites; recommended experience in financial consolidation processes and Oracle EPM implementation |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2024-implementation-professional/pexam_1Z0-1081-24 |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Close Management | 24% | - Close process setup
|
| Consolidation Rules and Eliminations | 26% | - Advanced consolidation features
|
| Application Setup and Configuration | 28% | - Application creation and configuration
|
| Data Integration and Reporting | 22% | - Data loading and integration
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Which statement correctly describes when a consolidation can occur within a given year/scenario?
- A. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
- B. The current period consolidation status is Impacted and the remaining periods are OK.
- C. A user with power user access first locks the entity so that other users cannot consolidate the same entity.
- D. A user has a power user access but only write access to the entity.
- E. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
Correct Answer: B 🗳️
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
- A. Elimination Consolidation Dimension member
- B. Intercompany Accounts
- C. Intercompany Partners
- D. Intercompany Plug Accounts
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
- A. Run a business rule
- B. Load a data file
- C. Export metadata
- D. Import journals
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Which statement
is true of the default FCCS_ members within an application?
- A. You can change the default FCCS_ member prefix at application creation.
- B. You can change the Alias.
- C. You can change the Name.
- D. You can change the Data Storage property.
Correct Answer: B 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Which statement is FALSE regarding establishing security for Financial Consolidation and Close?
- A. Security can be disabled for any dimension.
- B. All members are accessible for dimensions with no security applied.
- C. The Identity Domain Administrator inherits full access privileges.
- D. Security is mandatory for one dimension.
- E. Security can be assigned at a parent level.
Correct Answer: A 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
By Andy
