Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Instant Download Oracle : 1Z0-1081-24
Check Updated on: Sep 22, 2026
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Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Close Management | 24% | - Journals and adjustments
|
| Topic 2: Data Integration and Reporting | 22% | - Data loading and integration
|
| Topic 3: Application Setup and Configuration | 28% | - Security and user management
|
| Topic 4: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?
- A. Comment
- B. Read
- C. Write
- D. None
Correct Answer: B 🗳️
Explanation: Only visible for BraindumpsPass members. You can sign-up / login (it's free).
Which components are prebuilt into Financial Consolidation and Close 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 to provide analysis for cash flow modeling
- C. Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
- D. Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
Correct Answer: C 🗳️
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Which statement is FALSE about when Intercompany Data is enabled?
- A. Intercompany accounts are assigned plug accounts.
- B. The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
- C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
- D. Tracking intercompany eliminations is optional.
Correct Answer: C 🗳️
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To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
- A. System Administrator
- B. Metadata Supervisor
- C. Metadata Administrator
- D. Power User
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpsPass members. You can sign-up / login (it's free).
Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?
- A. 4-4-4-4
- B. 3-3-3-4
- C. 3-3-3-3
- D. 4-4-4-5
Correct Answer: B 🗳️
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