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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Security and Administration | 10% | - User roles and access management - Security filters and data access controls - System administration tasks |
| Topic 2: Consolidation Processing | 20% | - Consolidation methods and logic - Non-controlling interests - Consolidation run and workflow - Ownership and investment eliminations |
| Topic 3: Data Management | 20% | - Data loading and integration methods - Journal entries and adjustments - Data quality and validation rules - Intercompany transactions - Data maps and data grids |
| Topic 4: Configuration and Setup | 25% | - Period and calendar management - Currency and exchange rate configuration - Chart of accounts setup - Entity structure and hierarchy configuration - Application settings and preferences |
| Topic 5: Overview and Architecture | 15% | - Navigation and user interface components - Oracle FCCS product overview and key capabilities - Architecture and deployment options |
| Topic 6: Reporting and Analysis | 10% | - Financial reports and Smart View - Report designer and templates - Dashboards and analysis tools |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question 1
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
A. calculations, dashboards and reports to provide analysis for cash flow modeling
B. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
C. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
D. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
Question 2
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
A. Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
B. Load detailed Fixed Asset data to Movement members.
C. Create a Roll Forward in the account dimension.
D. Add custom Movement members to the FCCS_CashFlow hierarchy.
E. Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
Question 3
Which item describes the use for the Currency dimension property Triangulation Currency?
A. The ability to force translations
B. The ability to report in multiple currencies
C. The ability to calculate foreign exchange rates
D. The ability to input foreign exchange rates
E. The ability to calculate CTA (Cumulative Translation Adjustment)
Question 4
Where do you set the Intercompany Entities Aggregation option?
A. On the Properties page of the Intercompany dimension
B. In the Setup Wizard during business process creation
C. In the member properties of the Intercompany Top member
D. In the member properties of the Intercompany Entities member
Question 5
Where can you set the default member for the Currency dimension in a Data Integration integration?
A. Run Integration dialog box
B. Map Members tab in the Create Integration dialog box
C. Location Attributes in the Create Integration dialog box
D. Options tab of the Application Details dialog box
Solutions:
| Question 1 Answer: D | Question 2 Answer: A,B,E | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: C |
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