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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Management | 20% | - Data quality and validation rules - Intercompany transactions - Data maps and data grids - Journal entries and adjustments - Data loading and integration methods |
| Overview and Architecture | 15% | - Architecture and deployment options - Navigation and user interface components - Oracle FCCS product overview and key capabilities |
| Consolidation Processing | 20% | - Consolidation run and workflow - Consolidation methods and logic - Ownership and investment eliminations - Non-controlling interests |
| Configuration and Setup | 25% | - Currency and exchange rate configuration - Period and calendar management - Entity structure and hierarchy configuration - Application settings and preferences - Chart of accounts setup |
| Security and Administration | 10% | - Security filters and data access controls - System administration tasks - User roles and access management |
| Reporting and Analysis | 10% | - Dashboards and analysis tools - Financial reports and Smart View - Report designer and templates |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
A) Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
B) FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
C) Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
D) FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
2. What will
Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?
A) Add amounts aggregated to the parent.
B) This setting does not affect aggregation to the parent.
C) You cannot load data to this account.
D) Subtract amounts aggregated to the parent.
3. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?
A) FCCS Contribution
B) FCCS Entity Consolidation
C) FCCS Entity Total
D) FCCS Totallnput And Adisuted
4. How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
A) Drill-back to SDM is not an available feature.
B) Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
C) By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
D) By selecting Track Multi-source Data Input option for Other Data during the application creation process.
5. In Data Integration integrations, which two attributes are linked to the location selected for the integration? (Choose two.)
A) Scenario
B) Data tile name
C) Member mappings
D) Target application
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: C,D |
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