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The Oracle 1Z0-1081-21 exam covers a variety of topics related to the implementation of financial consolidation and close processes using Oracle FCC. These topics include understanding the architecture and capabilities of Oracle FCC, configuring and managing consolidation and close processes, creating and maintaining financial reporting structures, and performing data mapping and transformation. Passing the Oracle 1Z0-1081-21 exam demonstrates that an individual has the skills and knowledge necessary to effectively implement and manage financial consolidation and close processes using Oracle FCC.

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Oracle Financial Consolidation and Close 2021 Implementation Essentials exam is designed to assess candidates' skills and knowledge in various areas, such as configuring and managing metadata, creating and managing data forms, creating and managing consolidation rules, and managing the financial consolidation and close process. Oracle Financial Consolidation and Close 2021 Implementation Essentials certification program is ideal for professionals who work in finance, accounting, or IT departments and are involved in implementing financial consolidation and close solutions.

To pass 1Z0-1081-21 exam, candidates must have a deep understanding of Oracle Financial Consolidation and Close 2021 and its various components. They must also possess hands-on experience in implementing and managing this solution. 1Z0-1081-21 exam comprises of 60 multiple-choice questions and has a duration of 105 minutes. The passing score for 1Z0-1081-21 exam is 63%.

Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2021-implementation-essentials/pexam_1Z0-1081-21

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Oracle 1Z0-1081-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Build and Maintain FCCS Solution10%- Manage business process data
- Design reports and dashboards
Topic 2: Financial Consolidation and Close Overview10%- Describe FCCS features and architecture
- Explain consolidation and close process
Topic 3: Set Up and Run Consolidations15%- Execute consolidation process
- Configure translation and elimination
Topic 4: Set Up the FCC Business Process15%- Configure system profiles and security
- Run setup wizard
Topic 5: Advanced Consolidations15%- Configurable consolidation rules
- Ownership management and statutory consolidation
Topic 6: Integrate Data Using Data Management15%- Create mappings and load rules
- Set up source/target systems
Topic 7: Manage Dimensions15%- Work with Account, Entity, Scenario dimensions
- Edit and maintain members

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