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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Configuration and Setup | 25% | - Chart of accounts setup - Entity structure and hierarchy configuration - Application settings and preferences - Period and calendar management - Currency and exchange rate configuration |
| Overview and Architecture | 15% | - Architecture and deployment options - Oracle FCCS product overview and key capabilities - Navigation and user interface components |
| Data Management | 20% | - Data quality and validation rules - Intercompany transactions - Data loading and integration methods - Data maps and data grids - Journal entries and adjustments |
| Security and Administration | 10% | - System administration tasks - User roles and access management - Security filters and data access controls |
| Reporting and Analysis | 10% | - Dashboards and analysis tools - Report designer and templates - Financial reports and Smart View |
| Consolidation Processing | 20% | - Non-controlling interests - Ownership and investment eliminations - Consolidation methods and logic - Consolidation run and workflow |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?
- A. Change one of the Row or Column dimension members and click Refresh.
- B. Activate the Connection.
- C. Close out of Excel, and relog in to Smart View.
- D. Disconnect from the Smart View connection, and relog in.
Correct Answer: A 🗳️
Which is true behavior of default FCCS_ members within an application?
- A. You can change the Alias of these default FCCS_ members at any time.
- B. You can change the Name of these default FCCS_ members at any time.
- C. You can change the default FCCS_ member prefix at application creation.
- D. You cannot change the Alias of these default FCCS_ members.
Correct Answer: B 🗳️
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?
- A. Is Plug Account
- B. Intercompany Account
- C. Intercompany Entity
- D. Plug Account
Correct Answer: A 🗳️
Which four items are active components of the Currency dimension? (Choose four.)
- A. Translated Currencies
- B. Reporting Currencies
- C. Entity Currency Adjustments
- D. Input Currencies
- E. Parent Currency
- F. Entity Currency
Correct Answer: B,C,D,E 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?
- A. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
- B. Select the Consolidation template when setting up the Approval Unit hierarchy.
- C. Select users with the Service Administrator security role.
- D. Delete the default Approval Unit hierarchy.
Correct Answer: A 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
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