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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application Setup and Configuration | 28% | - Application creation and configuration
|
| Topic 2: Financial Close Management | 24% | - Close process setup
|
| Topic 3: Consolidation Rules and Eliminations | 26% | - Advanced consolidation features
|
| Topic 4: Data Integration and Reporting | 22% | - Data loading and integration
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question #1
To which Financial Consolidation and Close dimension(s) do you map Data Management periods?
A. Period
B. Period, Year, and View
C. Period and Year
D. View
Question #2
Which item describes the use for the Currency dimension property Triangulation Currency?
A. The ability to calculate CTA (Cumulative Translation Adjustment)
B. The ability to force translations
C. The ability to input foreign exchange rates
D. The ability to report in multiple currencies
E. The ability to calculate foreign exchange rates
Question #3
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
A. Drill-back to SDM is not an available feature.
B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
Question #4
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
A. System Administrator
B. Metadata Administrator
C. Power User
D. Metadata Supervisor
Question #5
Which statement accurately describes alternate hierarchies?
A. Contribution to parent members are similar
B. Data must be entered multiple times for shared members
C. Parent members having the same currency
D. Single entities having multiple parents
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: E | Question #3 Correct Answer: B | Question #4 Correct Answer: B | Question #5 Correct Answer: D |


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