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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Architecture | 15% | - Architecture and deployment options - Navigation and user interface components - Oracle FCCS product overview and key capabilities |
| Topic 2: Data Management | 20% | - Intercompany transactions - Data maps and data grids - Data loading and integration methods - Journal entries and adjustments - Data quality and validation rules |
| Topic 3: Security and Administration | 10% | - System administration tasks - Security filters and data access controls - User roles and access management |
| Topic 4: Reporting and Analysis | 10% | - Report designer and templates - Financial reports and Smart View - Dashboards and analysis tools |
| Topic 5: Configuration and Setup | 25% | - Chart of accounts setup - Entity structure and hierarchy configuration - Application settings and preferences - Currency and exchange rate configuration - Period and calendar management |
| Topic 6: Consolidation Processing | 20% | - Ownership and investment eliminations - Consolidation methods and logic - Consolidation run and workflow - Non-controlling interests |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which statement is true of journals created from Recurring templates?
A) The initial status of journals created from Recurring templates is Approved.
B) The line items in journals created from Recurring templates are read only.
C) Journals for recurring templates are created automatically when you open a period for journals.
D) The initial status of journals created from Recurring templates is Posted.
2. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
A) Execute Integration dialog box
B) Options tab of the Application Details dialog box
C) Location Attributes section of the Create Integration dialog box
D) Workbench
3. For which
scenario would an On-Demand rule be an appropriate solution?
A) to perform a custom currency translation for a subset of accounts
B) to add a column with a calculation to a report
C) to allocate data to base entities prior to consolidation
D) to copy data from one scenario to a different scenario
4. Which three dimensions can be included in an approval group? (Choose three.)
A) Entity
B) Movement
C) Scenario
D) Multi-GAAP
E) Account
5. When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?
A) 12-month and 13-month
B) 12-month only
C) Any number of months can be selected
D) 12-month, 13-month and a 14-month
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A,C,E | Question # 5 Answer: A |
