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Updated: Sep 01, 2026
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Passing Score: | 65-70% |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | 2 years |
| Available Languages: | English |
| Related Certifications: | Oracle Cloud EPM Tax Reporting Oracle Cloud EPM Planning Oracle Cloud EPM Account Reconciliation |
| Exam Format: | Multiple Response, Multiple Choice |
| Real Exam Qty: | 55-60 |
| Exam Price: | 245 USD (approx.) |
| Recommended Training: | Oracle Cloud EPM Learning Path Oracle University FCCS Implementation Training |
| Exam Registration: | Oracle Certification Overview Pearson VUE Oracle Exams |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or test center via Pearson VUE |
| Pre Condition: | Recommended experience with Oracle Cloud EPM Financial Consolidation and Close implementation or equivalent foundational knowledge in financial consolidation systems. |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Topic 1: Journals and Adjustments | - Journal management
|
| Topic 2: Security and Access | - User and role management
|
| Topic 3: Intercompany Processing | - Intercompany transactions
|
| Topic 4: Rules and Automation | - Business rules and calculation logic
|
| Topic 5: Reporting and Analysis | - Financial reporting
|
| Topic 6: Consolidation Process | - Financial consolidation activities
|
| Topic 7: Close Process Management | - Period close activities
|
| Topic 8: Application Configuration | - FCCS application setup and configuration
|
| Topic 9: Data Integration | - Data loading and management
|
Question 1
PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?
A. Generation 0
B. First common parent
C. First order relation
D. Lowest common denominator
Question 2
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
A. Tab delimited
B. Comma delimited
C. Excel XLS file type
D. DAT file type
Question 3
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?
A. Day -2 to Day 4
B. Day 1 to Day 7
C. Day -3 to Day 3
D. Day -3 to Day 4
Question 4
You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?
A. Line
B. Bar
C. Gauge
D. Tile
Question 5
If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?
A. The alias of the associated Intercompany member is automatically updated.
B. The alias of the associated Intercompany member must be manually changed.
C. The associated Intercompany member must be manually removed.
D. The associated Intercompany member is automatically removed.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A,B | Question 3 Answer: B | Question 4 Answer: D | Question 5 Answer: A |
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