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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Architecture | 15% | - Architecture and deployment options - Oracle FCCS product overview and key capabilities - Navigation and user interface components |
| Topic 2: Configuration and Setup | 25% | - Currency and exchange rate configuration - Period and calendar management - Application settings and preferences - Entity structure and hierarchy configuration - Chart of accounts setup |
| Topic 3: Data Management | 20% | - Journal entries and adjustments - Data maps and data grids - Data loading and integration methods - Data quality and validation rules - Intercompany transactions |
| Topic 4: Security and Administration | 10% | - Security filters and data access controls - System administration tasks - User roles and access management |
| Topic 5: Consolidation Processing | 20% | - Non-controlling interests - Ownership and investment eliminations - Consolidation methods and logic - Consolidation run and workflow |
| Topic 6: Reporting and Analysis | 10% | - Financial reports and Smart View - Dashboards and analysis tools - Report designer and templates |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which two statements about the Copy Data function are true? (Choose two.)
A) You can copy data for historical rate and amount overrides.
B) When you select the Regular Data option, journals data is included.
C) You can select which Consolidation dimension member to copy.
D) You cannot select which Account members to copy.
2. For which three levels can Profiles be set in Data Management?
A) Category
B) User
C) System
D) Application
E) Source System
3. How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
A) by selecting Application, then Overview, then Dimensions, and then Import
B) by selecting Application, then Overview, then Dimensions, and then Export
C) by selecting Dimension, then Import, and then Metadata
D) by selecting Tasks, then Metadata, and then Import
4. In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
A) A variance in the Average rate and the Ending rate
B) The current FCCS_CTA account balance does not change from the prior period
C) The account is FCCS_Net Income
D) Movement of FX impact for historical rate accounts to the FCCS_CTA account
5. For your
business process, owners of approval units should be able to lock and unlock data without going.
through an approval process.
Which action should you perform?
A) Delete the default Approval Unit hierarchy.
B) Select as owners only users with the Service Administrator or Power User security role.
C) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
D) Select the Consolidation template when setting up the Approval Unit hierarchy.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B,C,D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
