Try Oracle : 1Z0-1081-24 valid & accurate questions and answers
Updated: Aug 30, 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: | 90 minutes |
| Certificate Validity Period: | 2 years |
| Exam Format: | Multiple Response, Multiple Choice |
| Related Certifications: | Oracle Cloud EPM Tax Reporting Oracle Cloud EPM Account Reconciliation Oracle Cloud EPM Planning |
| Exam Price: | 245 USD (approx.) |
| Passing Score: | 65-70% |
| Real Exam Qty: | 55-60 |
| Available Languages: | English |
| Recommended Training: | Oracle Cloud EPM Learning Path Oracle University FCCS Implementation Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Overview |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or test center via Pearson VUE |
| Pre Condition: | Recommended experience with Oracle Cloud EPM Financial Consolidation and Close implementation or equivalent foundational knowledge in financial consolidation systems. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Intercompany Processing | - Intercompany transactions
|
| Journals and Adjustments | - Journal management
|
| Reporting and Analysis | - Financial reporting
|
| Security and Access | - User and role management
|
| Consolidation Process | - Financial consolidation activities
|
| Close Process Management | - Period close activities
|
| Application Configuration | - FCCS application setup and configuration
|
| Data Integration | - Data loading and management
|
| Rules and Automation | - Business rules and calculation logic
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question 1
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
A. Parent Currency
B. Local Currency
C. Base Currency
D. Entity Currency
Question 2
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
A. by selecting Application, then Overview, then Dimensions, and then Import
B. by selecting Application, then Overview, then Dimensions, and then Export
C. by selecting Dimension, then Import, and then Metadata
D. by selecting Tasks, then Metadata, and then Import
Question 3
Which statement is true of journals created from Recurring templates?
A. Journals for recurring templates are created automatically when you open a period for journals.
B. The line items in journals created from Recurring templates are read only.
C. The initial status of journals created from Recurring templates is Posted.
D. The initial status of journals created from Recurring templates is Approved.
Question 4
Why should years be consolidated sequentially; i.e., first 2018, then 2019, then 2020?
A. Parent account calculations depend on the sequencing.
B. Each period in the year must consolidate separately.
C. There is no reason to consolidate years sequentially.
D. Years should be consolidated sequentially to ensure that rollforward calculations are correct.
Question 5
When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?
A. Suppress missing blocks
B. Expanded vs. single data segments
C. Report performance
D. Designing dynamic reports
Solutions:
| Question 1 Answer: D | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: D | Question 5 Answer: A |
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