- Exam Code: 1Z0-1081-24
- Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
- Updated: Sep 27, 2026
- Q & A: 173 Questions and Answers
Oracle Financial Consolidation and Close 2024 Implementation Professional : 1Z0-1081-24
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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Data Integration | - Data loading and management
|
| Topic 2: Consolidation Process | - Financial consolidation activities
|
| Topic 3: Intercompany Processing | - Intercompany transactions
|
| Topic 4: Close Process Management | - Period close activities
|
| Topic 5: Security and Access | - User and role management
|
| Topic 6: Journals and Adjustments | - Journal management
|
| Topic 7: Application Configuration | - FCCS application setup and configuration
|
| Topic 8: Rules and Automation | - Business rules and calculation logic
|
| Topic 9: Reporting and Analysis | - Financial reporting
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question #1
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?
- A. The data export format / file extension is always extracted in a CSV file format.
- B. The data export format / file extension is always extracted in a ZIP file format.
- C. The data export format / file extension is always extracted in a XLS file format.
- D. The data export format / file extension is always extracted in a DAT file format.
Correct Answer: A 🗳️
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Question #2
Which statement correctly describes when a consolidation can occur within a given year/scenario?
- A. A user has a power user access but only write access to the entity.
- B. The current period consolidation status is Impacted and the remaining periods are OK.
- C. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.
- D. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.
- E. A user with power user access first locks the entity so that other users cannot consolidate the same entity.
Correct Answer: B 🗳️
Question #3
For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)
- A. Year
- B. Consolidation
- C. Entity
- D. Data Source
- E. Period
- F. Scenario
Correct Answer: A,C,E,F 🗳️
Explanation: Only visible for Exam4Tests members. You can sign-up / login (it's free).
Question #4
Which item describes the use for the Currency dimension property Triangulation Currency?
- A. The ability to force translations
- B. The ability to input foreign exchange rates
- C. The ability to calculate CTA (Cumulative Translation Adjustment)
- D. The ability to calculate foreign exchange rates
- E. The ability to report in multiple currencies
Correct Answer: D 🗳️
Question #5
What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?
- A. FCCS_Entity Consolidation
- B. FCCS_Entity Total
- C. FCCS_Contribution
- D. FCCS_Parent Currency
Correct Answer: C 🗳️
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