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: Jul 04, 2026
  • Q & A: 173 Questions and Answers

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

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


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.


3. For which
three dimensions is security enabled by default?

A) Account
B) Scenario
C) Entity
D) Consolidation
E) Data Source


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


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


Solutions:

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

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