Learn with Oracle : 1Z0-1081-24 training material for 100% pass
Updated: Aug 19, 2026
No. of Questions: 173 Questions & Answers with Testing Engine
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Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Passing Score: | 68% |
| Real Exam Qty: | 55 |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Scenario-based |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Financial Consolidation and Close 2025 Implementation Professional |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Recommended Training: | Become a Certified FCC Implementer |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or Pearson VUE testing center |
| Pre Condition: | No mandatory prerequisites; recommended experience in financial consolidation processes and Oracle EPM implementation |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2024-implementation-professional/pexam_1Z0-1081-24 |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Integration and Reporting | 22% | - Reporting and analysis
|
| Topic 2: Financial Close Management | 24% | - Close process setup
|
| Topic 3: Application Setup and Configuration | 28% | - Application creation and configuration
|
| Topic 4: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?
A) Suppress missing blocks
B) Designing dynamic reports
C) Report performance
D) Expanded vs. single data segments
2. An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)
A) Data entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Managed Data.
B) A journal entry to reverse the adjusted Common Stock balance with the Data Source member FCCS_Journal Input.
C) A journal entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Journal Input.
D) Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and the Data Source member FCCS_Data Input.
3. Where can you set the default member for the Currency dimension in a Data Integration integration?
A) Location Attributes in the Create Integration dialog box
B) Run Integration dialog box
C) Map Members tab in the Create Integration dialog box
D) Options tab of the Application Details dialog box
4. Which four sample ratios can be created during the application creation process? (Choose four.)
A) Earnings per Share
B) Gross Margin
C) Inventory Ratios
D) Debt Ratio
E) Contribution Margin
F) Days Sales in Receivables
5. Why should years be consolidated sequentially; i.e., first 2018, then 2019, then 2020?
A) Years should be consolidated sequentially to ensure that rollforward calculations are correct.
B) Parent account calculations depend on the sequencing.
C) Each period in the year must consolidate separately.
D) There is no reason to consolidate years sequentially.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,D | Question # 3 Answer: A | Question # 4 Answer: B,C,D,F | Question # 5 Answer: A |
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