Oracle Financial Consolidation and Close 2024 Implementation Professional: 1Z0-1081-24 Exam

"Oracle Financial Consolidation and Close 2024 Implementation Professional", also known as 1Z0-1081-24 exam, is a Oracle Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 173 Q&As to your 1Z0-1081-24 Exam preparation. In the 1Z0-1081-24 exam resources, you will cover every field and category in Oracle Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Exam Code: 1Z0-1081-24
  • Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Cloud
  • Updated: Sep 08, 2026
  • No. of Questions: 173 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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Oracle 1Z0-1081-24 Exam Syllabus Topics:

SectionWeightObjectives
Consolidation Rules and Eliminations26%- Consolidation logic and methods
  • 1. Non-controlling interest calculation
    • 2. Ownership and investment elimination
      - Advanced consolidation features
      • 1. Currency translation setup and execution
        • 2. Custom consolidation rules and Groovy scripts
          Financial Close Management24%- Close process setup
          • 1. Approval unit hierarchies and workflows
            • 2. Use EPM Task Manager
              - Journals and adjustments
              • 1. Create and manage enterprise journals
                • 2. Posting and approval processes
                  Application Setup and Configuration28%- Application creation and configuration
                  • 1. Manage dimensions and metadata
                    • 2. Enable features like Multi-GAAP, Multi-Currency
                      - Security and user management
                      • 1. Assign roles and access permissions
                        • 2. Dimension security setup
                          Data Integration and Reporting22%- Reporting and analysis
                          • 1. Design reports and dashboards
                            • 2. Use Financial Reporting Studio
                              - Data loading and integration
                              • 1. Integrate with source systems
                                • 2. Data load rules and validation

                                  Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

                                  For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

                                  • A. Data Source
                                  • B. Entity
                                  • C. Year
                                  • D. Scenario
                                  • E. Consolidation
                                  • F. Period
                                  Answer: B,C,D,F

                                  Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).

                                  What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?

                                  • A. FCCS_Parent Currency
                                  • B. FCCS_Entity Total
                                  • C. FCCS_Entity Consolidation
                                  • D. FCCS_Contribution
                                  Answer: D

                                  When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

                                  • A. Image
                                  • B. Header
                                  • C. Grid
                                  • D. Chart
                                  Answer: C,D

                                  Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).

                                  Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

                                  • A. Name
                                  • B. Source Type
                                  • C. Cloud Type
                                  • D. Description
                                  • E. Drill URL
                                  Answer: A,B,D

                                  How can
                                  the Intercompany dimension be enabled within your application?

                                  • A. During application creation, select the Intercompany Data option.
                                  • B. In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.
                                  • C. In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.
                                  • D. In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.
                                  Answer: C

                                  Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).

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