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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Close Management | 24% | - Journals and adjustments
|
| Topic 2: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
| Topic 3: Data Integration and Reporting | 22% | - Reporting and analysis
|
| Topic 4: Application Setup and Configuration | 28% | - Security and user management
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question 1
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
A. FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
B. Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
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
Question 2
Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?
A. 4-4-4-4
B. 3-3-3-3
C. 4-4-4-5
D. 3-3-3-4
Question 3
When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)
A. Supplemental Data
B. ERP r12
C. Data Management
D. ERP Cloud
Question 4
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?
A. The data export format / file extension is always extracted in a XLS file format.
B. The data export format / file extension is always extracted in a CSV file format.
C. The data export format / file extension is always extracted in a DAT file format.
D. The data export format / file extension is always extracted in a ZIP file format.
Question 5
How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?
A. During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.
B. Enable a dimension for Currency after application creation via a Metadata load.
C. During application creation, select the Multicurrency option of "Yes".
D. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
Solutions:
| Question 1 Answer: A,D | Question 2 Answer: D | Question 3 Answer: A,C | Question 4 Answer: B | Question 5 Answer: B |
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