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Oracle 1Z0-1081-22 Exam

Certification Provider: Oracle
Exam Name: Oracle Financial Consolidation and Close 2022 Implementation Professional
Duration: 90 Minutes
Number of questions in our database: 116
Exam Version: May. 23, 2023
1Z0-1081-22 Exam Official Topics:
  • Topic 1: Configure the default translation method and default rate accounts/ Run the setup wizard for the FCC business process
  • Topic 2: Create consolidation journals and consolidation journal templates/ Describe Financial Consolidation and Close features
  • Topic 3: Add and edit members using the Simplified Dimension Editor/ Set Up the Financial Consolidation and Close Business Process
  • Topic 4: Customize the translation process using translation rules and custom rate accounts/ Create consolidation adjustments with Configurable Consolidation Rules
  • Topic 5: Configure statutory consolidations using Ownership Management and Consolidation Methods/ Describe Period and Movement as Dense dimensions (DSO)
  • Topic 6: Enter exchange rates and historical override rates and amounts/ Describe the Account, Entity, and Scenario dimensions
  • Topic 7: Create custom consolidation calculations with Configurable Calculations and On Demand Rules/ Financial Consolidation and Close Overview
  • Topic 8: Assign approval groups to an approval unit hierarchy/ Add members to the Currency and Movement dimensions
  • Topic 9: Build Out Your Financial Consolidation and Close Solution/ Create journal, intercompany, and consolidation reports
  • Topic 10: Configure Opening and Closing Balance System Rules/ Explain Intercompany Entity Aggregation Options
  • Topic 11: Assign security access to dimension members/ Describe valid and invalid intersection rules
  • Topic 12: Explain approval groups and phased submissions/ Automate repetitive tasks using EPM Automate

Free Oracle 1Z0-1081-22 Exam Actual Questions

The questions for 1Z0-1081-22 were last updated On May. 23, 2023

Question #1

Which statement correctly describes what happens to parent entities during consolidation?

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Correct Answer: A

Question #2

How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?

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Correct Answer: C

Question #3

Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

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Correct Answer: C

Question #4

When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:



Which statement is True?

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Correct Answer: B

Question #5

How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?

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Correct Answer: C

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