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The Oracle 1z1-1081 exam consists of 60 multiple-choice questions and you will have 105 minutes to complete it. The questions are designed to test your knowledge in various areas, including financial consolidation and close concepts, the Oracle Financial Consolidation and Close Cloud Service architecture, security, and integration with other systems. To pass the exam, you must score at least 65%.
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Oracle 1z1-1081 exam is designed for professionals who are responsible for implementing Oracle Financial Consolidation and Close Cloud Service (FCCS) 2019. 1z1-1081 exam is intended to test the candidate's knowledge and skills related to the various aspects of implementing the Oracle FCCS 2019, including technical and functional tasks. Oracle Financial Consolidation and Close 2019 Implementation Essentials certification validates the candidate's ability to implement and configure Oracle FCCS 2019 to meet the financial consolidation and close requirements of an organization.
| Section | Objectives |
|---|---|
| Data Integration and Loading | - Data Management and integration tools - Data import formats and methods - Validation and reconciliation of loaded data |
| Metadata and Dimensionality | - Metadata updates and validation - Account and entity dimension design - Custom dimensions and attributes |
| Consolidation Process | - Currency translation - Consolidation rules and automation - Ownership and minority interest calculations - Intercompany eliminations |
| Close Process and Reporting | - Data validation and audit reporting - Period close process - Financial reporting and Smart View |
| Business Rules and Calculation Logic | - Calculation scripts and rule design - Rule execution and debugging |
| FCCS Overview and Architecture | - Cloud EPM architecture concepts - Financial consolidation process overview |
| Application Setup and Configuration | - Managing periods, calendars, and entities - User security and access setup - Creating and configuring FCCS applications |
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