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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Intercompany Processing | - Intercompany transactions
|
| Consolidation Process | - Financial consolidation activities
|
| Close Process Management | - Period close activities
|
| Rules and Automation | - Business rules and calculation logic
|
| Security and Access | - User and role management
|
| Application Configuration | - FCCS application setup and configuration
|
| Data Integration | - Data loading and management
|
| Reporting and Analysis | - Financial reporting
|
| Journals and Adjustments | - Journal management
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question 1
Which two statements are true about shared members in Valid Intersection rules? (Choose two.)
A. Selecting a shared member for a rule does not include its primary instance.
B. If a shared member is selected for a rule, the primary instance of the member is selected as well.
C. If the primary instance of the member is selected for a rule, all shared members for the instances are included.
D. Selecting the primary instance of a member does not include shared members.
Question 2
A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?
A. Activate the Connection.
B. Disconnect from the Smart View connection, and relog in.
C. Close out of Excel, and relog in to Smart View.
D. Change one of the Row or Column dimension members and click Refresh.
Question 3
Which four items are active components of the Currency dimension? (Choose four.)
A. Input Currencies
B. Entity Currency Adjustments
C. Parent Currency
D. Reporting Currencies
E. Entity Currency
F. Translated Currencies
Question 4
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?
A. Intercompany Account
B. Plug Account
C. Intercompany Entity
D. Is Plug Account
Question 5
Which statement
about the Equity Pickup feature is FALSE?
A. Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.
B. Equity Pickup rules run as part of the consolidation process.
C. Seeded rule-sets are provided for Equity Pickup.
D. Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.
Solutions:
| Question 1 Answer: A,C | Question 2 Answer: D | Question 3 Answer: A,B,C,D | Question 4 Answer: D | Question 5 Answer: B |




