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Updated: Aug 08, 2026
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Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Financial Consolidation and Close 2024 Certified Implementation Specialist |
| Exam Price: | $245 USD |
| Real Exam Qty: | 70 |
| Certificate Validity Period: | 2 years |
| Passing Score: | 60% |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or testing center |
| Pre Condition: | Recommended: Experience with Oracle FCCS implementation and financial consolidation processes |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2024-implementation-professional/ |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Architecture | 15% | - Architecture and deployment options - Oracle FCCS product overview and key capabilities - Navigation and user interface components |
| Topic 2: Reporting and Analysis | 10% | - Dashboards and analysis tools - Financial reports and Smart View - Report designer and templates |
| Topic 3: Configuration and Setup | 25% | - Currency and exchange rate configuration - Application settings and preferences - Entity structure and hierarchy configuration - Period and calendar management - Chart of accounts setup |
| Topic 4: Security and Administration | 10% | - System administration tasks - User roles and access management - Security filters and data access controls |
| Topic 5: Data Management | 20% | - Data maps and data grids - Journal entries and adjustments - Data quality and validation rules - Data loading and integration methods - Intercompany transactions |
| Topic 6: Consolidation Processing | 20% | - Consolidation methods and logic - Consolidation run and workflow - Non-controlling interests - Ownership and investment eliminations |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
A) Movement of FX impact for historical rate accounts to the FCCS_CTA account
B) A variance in the Average rate and the Ending rate
C) The current FCCS_CTA account balance does not change from the prior period
D) The account is FCCS_Net Income
2. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
A) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
B) Selecting a shared member for a rule does not include its primary instance.
C) If a shared member is selected for a rule, the primary instance of the member is selected as well.
D) Selecting the primary instance of a member does not include shared members.
3. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?
A) Write
B) None
C) Read
D) Comment
4. Which statement is true of journals created from Recurring templates?
A) The line items in journals created from Recurring templates are read only.
B) The initial status of journals created from Recurring templates is Posted.
C) The initial status of journals created from Recurring templates is Approved.
D) Journals for recurring templates are created automatically when you open a period for journals.
5. You are required to create a form that allows users to input dat
a. Which three actions are consistent with this? (Choose three.)
A) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
B) Set the currency on the form to Parent Currency.
C) Grant the data input users Write access to the dimension members used on the form.
D) Select level 0 dimension members for POV\ rows, and columns. www*'
E) Set the consolidation member on the form to FCCS Entity Input.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C,D,E |
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