Purchase Oracle : 1Z0-1081-24 Exam Materials and then pass exam easily

Updated: Aug 20, 2026

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Oracle 1Z0-1081-24 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financial Consolidation and Close 2024 Implementation Professional
Exam Number:1Z0-1081-24
Real Exam Qty:55-60
Certificate Validity Period:2 years
Related Certifications:Oracle Cloud EPM Planning
Oracle Cloud EPM Account Reconciliation
Oracle Cloud EPM Tax Reporting
Passing Score:65-70%
Exam Price:245 USD (approx.)
Exam Duration:90 minutes
Available Languages:English
Exam Format:Multiple Choice, Multiple Response
Recommended Training:Oracle Cloud EPM Learning Path
Oracle University FCCS Implementation Training
Exam Registration:Oracle Certification Overview
Pearson VUE Oracle Exams
Sample Questions:Oracle 1Z0-1081-24 Sample Questions
Exam Way:Online proctored or test center via Pearson VUE
Pre Condition:Recommended experience with Oracle Cloud EPM Financial Consolidation and Close implementation or equivalent foundational knowledge in financial consolidation systems.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-1081-24 Exam Syllabus Topics:

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

                                        Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

                                        1. Which statement is FALSE about running consolidations?

                                        A) When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
                                        B) When you consolidate a parent, children with the Impacted calculation status are also consolidated.
                                        C) Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
                                        D) When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.


                                        2. When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

                                        A) create Member Formulas
                                        B) load data to this account
                                        C) Member Formulas cannot be created
                                        D) load data to this account and make member formulas


                                        3. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)

                                        A) FX Rates - Historical
                                        B) FX Rates - Average
                                        C) FX Rates - Opening
                                        D) FX Rates - None
                                        E) FX Rates - Ending


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

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


                                        5. In Data Integration, for what purpose do you use Workbench?

                                        A) To review mapping of source to target members
                                        B) To edit the data load file format
                                        C) To define dimension mapping
                                        D) To configure data load options


                                        Solutions:

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

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