Exam Name: Oracle Financial Consolidation and Close 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financial Consolidation and Close Cloud Service
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Updated: Sep 19, 2026
No. of Questions: 86 Questions & Answers with Testing Engine
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Oracle 1z0-1081 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2019 Implementation Essentials |
| Exam Number: | 1Z0-1081 |
| Real Exam Qty: | 55-75 |
| Available Languages: | English |
| Related Certifications: | Oracle Cloud EPM Certification Oracle Financial Consolidation and Close Cloud Service Specialist |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Price: | USD 245 (varies by region) |
| Passing Score: | Not publicly disclosed |
| Recommended Training: | Oracle Cloud EPM Learning Subscription Oracle University FCCS Training |
| Exam Registration: | Oracle Certification Portal Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1081 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Close Process and Reporting | - Financial reporting and Smart View - Period close process - Data validation and audit reporting |
| Topic 2: Business Rules and Calculation Logic | - Calculation scripts and rule design - Rule execution and debugging |
| Topic 3: Data Integration and Loading | - Validation and reconciliation of loaded data - Data Management and integration tools - Data import formats and methods |
| Topic 4: FCCS Overview and Architecture | - Financial consolidation process overview - Cloud EPM architecture concepts |
| Topic 5: Application Setup and Configuration | - Creating and configuring FCCS applications - Managing periods, calendars, and entities - User security and access setup |
| Topic 6: Consolidation Process | - Ownership and minority interest calculations - Intercompany eliminations - Consolidation rules and automation - Currency translation |
| Topic 7: Metadata and Dimensionality | - Metadata updates and validation - Account and entity dimension design - Custom dimensions and attributes |
Oracle Financial Consolidation and Close 2019 Implementation Essentials Exam: Questions Candidates Actually Ask
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The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam requires Not publicly disclosed to pass, and registration costs USD 245 (varies by region). A failed attempt means paying the same fee again — a readiness check with the NewPassLeader engines before booking is the cheaper option.
The official Oracle Financial Consolidation and Close 2019 Implementation Essentials outline defines 7 domains. The leading three are Data Integration and Loading, Metadata and Dimensionality, and Close Process and Reporting. The full list is in the topics section above, and NewPassLeader's 86 practice questions cover each one.
The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam contains 55-75 to complete within 120 minutes. Timed simulation in the NewPassLeader Desktop Test Engine teaches that rhythm before exam day does.
Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 86 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
The 1z0-1081 exam is a Oracle certification exam validating the Oracle Financial Consolidation and Close 2019 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Cloud EPM Certification, Oracle Financial Consolidation and Close Cloud Service Specialist. Earning it in 2026 demonstrates ability in a form employers recognize — and NewPassLeader prepares candidates with 86 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Oracle recommends these training resources for the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam:
Follow the training with steady self-testing — the 86 practice questions from NewPassLeader help you apply theory and fill any gaps the training leaves.
Oracle Financial Consolidation and Close 2019 Implementation Essentials Sample Questions:
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
- A. by selecting Dimension, then Import, and then Metadata
- B. by selecting Application, then Overview, then Dimensions, and then Import
- C. by selecting Application, then Overview, then Dimensions, and then Export
- D. by selecting Tasks, then Metadata, and then Import
Correct Answer: A 🗳️
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. Close out of Excel, and relog in to Smart View.
- B. Activate the Connection.
- C. Disconnect from the Smart View connection, and relog in.
- D. Change one of the Row or Column dimension members and click Refresh.
Correct Answer: D 🗳️
Which statement is correct regarding intercompany eliminations?
- A. Intercompany eliminations are required for sustainability reporting to show the company's waste output.
- B. Intercompany eliminations are needed when a company divests itself of a division.
- C. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.
- D. Intercompany eliminations are generally required to remove the effect of transactions within the company.
Correct Answer: D 🗳️
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?
- A. enables the Elimination member in the Consolidation dimension
- B. enables the application to include Intercompany data.
- C. process will separate total elimination values by Data Source.
- D. enables the application to perform Intercompany eliminations
Correct Answer: C 🗳️
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 set to the Intercompany Name.
- B. The Intercompany Alias is not automatically changed to the new Entity Alias.
- C. The Intercompany Alias is automatically changed to the new Entity Alias.
- D. The Intercompany Alias is set to the Entity Name.
Correct Answer: C 🗳️
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