Oracle 1Z0-1081-21 Certification: Exam Details, Syllabus and Questions Oracle 1Z0-1081-21 Exam
DBExam.com Get complete detail on 1Z0-1081-21 exam guide to crack Oracle Financial Consolidation and Close 2021 Implementation Essentials. You can collect all information on 1Z0-1081-21 tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on Oracle Financial Consolidation and Close 2021 Implementation Essentials and get ready to crack 1Z0-1081-21 certification. Explore all information on 1Z0-1081-21 exam with number of questions, passing percentage and time duration to complete test.
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How to Prepare for 1Z0-1081-21 Exam on Oracle Financial Consolidation and Close 2021 Implementation Essentials Certification? Oracle Financial Consolidation and Close 2021 Implementation Essentials (1Z0-1081-21) preparation guide helps you to get focused on the exam. This guide also helps you to be on the 1Z0-1081-21 exam track to get certified with a good score in the final exam.
1Z0-1081-21 Oracle Financial Consolidation and Close 2021 Implementation Essentials Exam Summary Exam Name
Oracle Financial Consolidation and Close 2021 Implementation Essentials
Exam Code
1Z0-1081-21
Exam Product Version
Oracle Financial Consolidation and Close 21.04
1Z0-1081-21: Oracle Financial Consolidation and Close 2021 Implementation Essentials
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Exam Price
USD $245 (Pricing may vary by country or by localized currency)
Duration
90 minutes
Number of Questions
60
Passing Score
66%
Format
Multiple Choice Questions (MCQ)
Recommended Training
Oracle Financial Consolidation and Close 2021 Certified Implementation Specialist Oracle EPM Cloud Learning Subscription
Schedule Exam
Pearson VUE
Sample Questions
Oracle Financial Consolidation and Close 2021 Certified Implementation Specialist (OCS)
Recommended Practice
1Z0-1081-21 Online Practice Exam
Exam Syllabus: 1Z0-1081-21 Oracle Financial Consolidation and Close 2021 Implementation Essentials Subjects Financial Consolidation and Close Overview Set Up the Financial Consolidation and Close Business Process Manage Dimensions
Sub Topics - Describe Financial Consolidation and Close features - Run the setup wizard for the FCC business process - Add users and assign security roles - Describe the Account, Entity, and Scenario dimensions
1Z0-1081-21: Oracle Financial Consolidation and Close 2021 Implementation Essentials
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- Add and edit members using the Simplified Dimension Editor - Import members from a file - Add members to the Currency and Movement dimensions - Assign security access to dimension members Integrate Data from Source - Describe the use cases for Data Management Systems Using Data - Configure system setting profiles, set up source systems, register Management target applications - Create import formats, locations, period mappings, and category mappings - Create member mappings and define data load rules - Run data loads Set Up and Run - Explain the consolidation process (translate, eliminate, Consolidations consolidate) and closing balance calculation - Enter exchange rates and historical override rates and amounts - Configure the default translation method and default rate accounts - Explain the calculation statuses for entities - Run consolidation - Translate data to reporting currencies - Explain Intercompany Entity Aggregation Options - Configure Opening and Closing Balance System Rules Set Up Advanced - Customize the translation process using translation rules and Consolidations custom rate accounts - Create custom consolidation calculations with Configurable Calculations and On Demand Rules - Configure statutory consolidations using Ownership Management and Consolidation Methods - Create consolidation adjustments with Configurable Consolidation Rules Build Out Your Financial - Describe valid intersection rules Consolidation and Close - Create data forms Solution - Create journals and journal templates - Explain the approval process for entities - Set up the approval process - Manage the close process using Task Manager - Manage data collection using Supplemental Data - Define custom navigation flows - Automate repetitive tasks using EPM Automate Managing Business Process - Import and export; copy and clear data Data - Audit changes to the application and data - Back up and migrate data and metadata Design Reports and - Create journal, intercompany, and consolidation reports Dashboards - Create and run financial reports
1Z0-1081-21: Oracle Financial Consolidation and Close 2021 Implementation Essentials
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- Create Dashboards
Oracle 1Z0-1081-21 Certification Sample Questions and Answers To make you familiar with Oracle Financial Consolidation and Close 2021 Implementation Essentials (1Z0-1081-21) certification exam structure, we have prepared this sample question set. We suggest you to try our Sample Questions for Oracle OCS 1Z0-1081-21 Certification to test your understanding of Oracle 1Z0-1081-21 process with the real Oracle certification exam environment.
1Z0-1081-21 Oracle Financial Consolidation and Close 2021 Implementation Essentials Sample Questions 01. 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 associated Intercompany member must be manually removed. c) The associated Intercompany member is automatically removed. d) The alias of the associated Intercompany member must be manually changed. 02. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features? a) the third Friday of each month to apply to both TEST and PROD simultaneously b) the first and third Monday of each month; first Monday for TEST and third Monday for PROD c) the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD d) the first and third Friday of each month; first Friday for TEST and third Friday for PROD 03. By default, security access is set to "None" for which three dimensions? (Choose three.) a) Movement b) Data Source c) Account d) Entity e) Year 04. When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made? a) 12-month, 13-month and a 14-month b) 12-month and 13-month c) 12-month only
1Z0-1081-21: Oracle Financial Consolidation and Close 2021 Implementation Essentials
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d) Any number of months can be selected 05. When designing a report in Financial Reporting Studio, which item is NOT an insertable report object? a) Chart b) Grid c) Image d) Header 06. Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? a) Consolidation, Currency, Account b) Currency, Account, Movement c) Entity, Consolidation, Currency d) Entity, Currency, Account 07. To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required? a) Metadata Administrator b) Metadata Supervisor c) System Administrator d) Power User 08. What is the primary function of enabling the Track Intercompany Elimination option during the application creation? a) enables the application to perform Intercompany eliminations b) enables the application to include Intercompany data. c) process will separate total elimination values by Data Source. d) enables the Elimination member in the Consolidation dimension. 09. How can Metadata be imported into any Financial Consolidation and Close (FCCS) application? a) by selecting Application, then Overview, then Dimensions, and then Export b) by selecting Dimension, then Import, and then Metadata c) by selecting Application, then Overview, then Dimensions, and then Import d) by selecting Tasks, then Metadata, and then Import 10. For which three tasks can Data Management be used? (Choose three.) a) loading data that is period-to-date or year-to-date b) drilling through from a web form or Smart View c) loading data from a fixed width or delimited text file d) writing back data to source systems e) loading a Metadata Import File
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Solution: QUESTION: 01
QUESTION: 02
QUESTION: 03
QUESTION: 04
QUESTION: 05
Answer: c
Answer: d
Answer: b, c, d
Answer: b
Answer: d
QUESTION: 06
QUESTION: 07
QUESTION: 08
QUESTION: 09
QUESTION: 10
Answer: b
Answer: c
Answer: c
Answer: c
Answer: b, c, d
How to Register for 1Z0-1081-21 Oracle Financial Consolidation and Close 2021 Implementation Essentials Exam? ●
Purchase exam voucher from Oracle University
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Register for exam at PearsonVue.
1Z0-1081-21: Oracle Financial Consolidation and Close 2021 Implementation Essentials
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