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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Close Management | 24% | - Journals and adjustments
|
| Data Integration and Reporting | 22% | - Data loading and integration
|
| Application Setup and Configuration | 28% | - Application creation and configuration
|
| Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. What information is included in the data extract export file delimited format?
A) the domain and application name
B) the ID of the user performing the extract
C) the application name
D) the data load cube name
2. 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.
3. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?
A) FCCS Entity Consolidation
B) FCCS Totallnput And Adisuted
C) FCCS Entity Total
D) FCCS Contribution
4. Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)
A) Integrate with source systems.
B) Provide predictive analysis and modeling.
C) Ensure security of sensitive data.
D) Provide a strong compliance framework that includes auditing and segregation of duties.
5. Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
A) pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B) calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
C) calculations, dashboards and reports to provide analysis for cash flow modeling
D) calculations, dashboards and reports built on planning frameworks to provide cash flow planning
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A,C,D | Question # 5 Answer: B |
