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Oracle 1Z0-1081-24 Exam : Oracle Financial Consolidation and Close 2024 Implementation Professional
- Exam Code: 1Z0-1081-24
- Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
- Updated: Oct 26, 2026
- Q & A: 173 Questions and Answers
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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Management | 20% | - Data loading and integration methods - Data maps and data grids - Data quality and validation rules - Intercompany transactions - Journal entries and adjustments |
| Security and Administration | 10% | - Security filters and data access controls - System administration tasks - User roles and access management |
| Consolidation Processing | 20% | - Consolidation methods and logic - Consolidation run and workflow - Ownership and investment eliminations - Non-controlling interests |
| Reporting and Analysis | 10% | - Report designer and templates - Dashboards and analysis tools - Financial reports and Smart View |
| Configuration and Setup | 25% | - Application settings and preferences - Chart of accounts setup - Currency and exchange rate configuration - Period and calendar management - Entity structure and hierarchy configuration |
| Overview and Architecture | 15% | - Architecture and deployment options - Navigation and user interface components - Oracle FCCS product overview and key capabilities |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question #1
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
- A. Tab delimited
- B. Comma delimited
- C. DAT file type
- D. Excel XLS file type
Correct Answer: A,B 🗳️
Question #2
For data load rules in Data Management, which two statements are FALSE?
- A. Valid load types are Merge and Replace.
- B. End users can upload a file when running a data load rule.
- C. A job must first run to import the data file before the user can run the data load rule.
- D. Data load rules cannot be shared across locations.
- E. If specified, the import format will be used; if not, then the location's format will be used.
Correct Answer: A,C 🗳️
Question #3
For which
three dimensions is security enabled by default?
- A. Account
- B. Scenario
- C. Entity
- D. Consolidation
- E. Data Source
Correct Answer: A,B,C 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
Question #4
The company PQR has an ownership structure as shown below.
H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?
- A. H 1 and P 2
- B. Hickory and Paducah
- C. No elimination is performed, because H 1 and P 1 do not have the same parent.
- D. PQR
Correct Answer: B 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
Question #5
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
- A. Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
- B. FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
- C. FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
- D. Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
Correct Answer: B,C 🗳️
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