1Z0-1081-24 exam dumps

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  • Exam Code: 1Z0-1081-24
  • Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
  • No. of Questions: 173 Questions and Answers
  • Updated: Aug 05, 2026

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

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

                                        Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

                                        1. When enabling Multi-GAAP during application creation, which additional option is available?

                                        A) Allow adjustments for IFRS
                                        B) Include Supplemental Data
                                        C) Automatically calculate adjustment
                                        D) Track Multi-Source Data Input


                                        2. Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)

                                        A) Retrieve data
                                        B) Adjust data with Journals
                                        C) Run a rule such as Consolidate or Translate
                                        D) Submit data


                                        3. Which statement is true regarding shared members and valid intersection rules?

                                        A) Shared members are not supported in valid intersection rules
                                        B) If a base member is included in a valid intersection rule, then any shared member is not included in the rule
                                        C) Shared members are supported in valid intersection rules
                                        D) If a shared member is selected for a valid intersection rule, then the base member is not included in the rule


                                        4. Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?

                                        A) Entity, Currency, Account
                                        B) Entity, Consolidation, Currency
                                        C) Currency, Account, Movement
                                        D) Consolidation, Currency, Account


                                        5. For which three tasks can Data Management be used? (Choose three.)

                                        A) loading a Metadata Import File
                                        B) loading data from a fixed width or delimited text file
                                        C) drilling through from a web form or Smart View
                                        D) loading data that is period-to-date or year-to-date
                                        E) writing back data to source systems


                                        Solutions:

                                        Question # 1
                                        Answer: C
                                        Question # 2
                                        Answer: A,C,D
                                        Question # 3
                                        Answer: A,B
                                        Question # 4
                                        Answer: C
                                        Question # 5
                                        Answer: B,C,E

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