Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Updated: Sep 27, 2026
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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Security and Administration | 10% | - User roles and access management - Security filters and data access controls - System administration tasks |
| Consolidation Processing | 20% | - Consolidation methods and logic - Consolidation run and workflow - Ownership and investment eliminations - Non-controlling interests |
| Configuration and Setup | 25% | - Chart of accounts setup - Entity structure and hierarchy configuration - Period and calendar management - Currency and exchange rate configuration - Application settings and preferences |
| Reporting and Analysis | 10% | - Report designer and templates - Financial reports and Smart View - Dashboards and analysis tools |
| Overview and Architecture | 15% | - Navigation and user interface components - Oracle FCCS product overview and key capabilities - Architecture and deployment options |
| Data Management | 20% | - Data loading and integration methods - Journal entries and adjustments - Data quality and validation rules - Intercompany transactions - Data maps and data grids |
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
- A. Options tab of the Application Details dialog box
- B. Location Attributes section of the Create Integration dialog box
- C. Execute Integration dialog box
- D. Workbench
Correct Answer: A 🗳️
Explanation: Only visible for TestKingIT members. You can sign-up / login (it's free).
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
- A. The Intercompany Alias is automatically changed to the new Entity Alias.
- B. The Intercompany Alias is not automatically changed to the new Entity Alias.
- C. The Intercompany Alias is automatically set to the Intercompany Name.
- D. The Intercompany Alias is set to the Entity Name.
Correct Answer: A 🗳️
Which statement correctly describes the Consolidation dimension?
- A. The dimension contains members to store non-controlling interest and joint venture data.
- B. The dimension uses a separate member to store data from an entity's descendants.
- C. The dimension aggregates input, consolidated, and elimination data together.
- D. The dimension allows users to see input versus journal adjustment data.
Correct Answer: D 🗳️
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)
- A. FCCS_Amount_Override
- B. FCCS_Contribution
- C. FCCS_Proportion
- D. FCCS_Elimination
- E. FCCS_Rate Override
- F. FCCS_Translation
Correct Answer: D,E 🗳️
How do you navigate if you want to export a form to a Snapshot file?
- A. Open the form, select Actions, and then Export.
- B. From the Home page, select Tools, and then Clone Snapshot.
- C. From the Home page, select Tools, and then Migration.
- D. From the Navigator menu, select Forms.
Correct Answer: A 🗳️
Explanation: Only visible for TestKingIT members. You can sign-up / login (it's free).
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