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Oracle 1Z0-1081-24 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Data Integration and Reporting22%- Data loading and integration
  • 1. Integrate with source systems
    • 2. Data load rules and validation
      - Reporting and analysis
      • 1. Use Financial Reporting Studio
        • 2. Design reports and dashboards
          Topic 2: Financial Close Management24%- Close process setup
          • 1. Approval unit hierarchies and workflows
            • 2. Use EPM Task Manager
              - Journals and adjustments
              • 1. Posting and approval processes
                • 2. Create and manage enterprise journals
                  Topic 3: Application Setup and Configuration28%- Application creation and configuration
                  • 1. Enable features like Multi-GAAP, Multi-Currency
                    • 2. Manage dimensions and metadata
                      - Security and user management
                      • 1. Assign roles and access permissions
                        • 2. Dimension security setup
                          Topic 4: Consolidation Rules and Eliminations26%- Advanced consolidation features
                          • 1. Currency translation setup and execution
                            • 2. Custom consolidation rules and Groovy scripts
                              - Consolidation logic and methods
                              • 1. Non-controlling interest calculation
                                • 2. Ownership and investment elimination

                                  Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

                                  1. What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

                                  A) Dynamic
                                  B) Store
                                  C) No Rate
                                  D) Never Share
                                  E) Dynamic Calc and Store


                                  2. When do you enable submission phases for your approval process?

                                  A) When you start the approval process for an approval unit on the Manage Approvals page
                                  B) When you set up the approval unit hierarchy
                                  C) When you assign the approval unit hierarchy to a scenario, period, and year
                                  D) When you set the member properties for the entity


                                  3. When defining a batch in Data Management, which statement is True?

                                  A) Each data load rule must specify the period or the batch will default to the POV period.
                                  B) A batch replaces the need for data load rules.
                                  C) A batch can load to multiple plan types.
                                  D) Batches can import from source or export to target, but not both.
                                  E) Batches can execute data loads for multiple locations.


                                  4. When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

                                  A) Image
                                  B) Grid
                                  C) Chart
                                  D) Header


                                  5. Which four sample ratios can be created during the application creation process? (Choose four.)

                                  A) Debt Ratio
                                  B) Earnings per Share
                                  C) Gross Margin
                                  D) Contribution Margin
                                  E) Inventory Ratios
                                  F) Days Sales in Receivables


                                  Solutions:

                                  Question # 1
                                  Answer: B
                                  Question # 2
                                  Answer: B
                                  Question # 3
                                  Answer: E
                                  Question # 4
                                  Answer: B,C
                                  Question # 5
                                  Answer: A,C,E,F

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