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Oracle 1z1-1081 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2019 Implementation Essentials |
| Exam Number: | 1Z0-1081 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | 18 months |
| Related Certifications: | Oracle Cloud EPM Certification Oracle Financial Consolidation and Close Cloud Service Specialist |
| Passing Score: | Not publicly disclosed |
| Real Exam Qty: | 55-75 |
| Exam Price: | USD 245 (varies by region) |
| Exam Format: | Multiple Response, Multiple Choice |
| Recommended Training: | Oracle University FCCS Training Oracle Cloud EPM Learning Subscription |
| Exam Registration: | Oracle Certification Portal Pearson VUE Oracle Exams |
| Sample Questions: |  |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-1081 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Metadata and Dimensionality | - Metadata updates and validation - Custom dimensions and attributes - Account and entity dimension design |
| Close Process and Reporting | - Financial reporting and Smart View - Data validation and audit reporting - Period close process |
| FCCS Overview and Architecture | - Financial consolidation process overview - Cloud EPM architecture concepts |
| Data Integration and Loading | - Validation and reconciliation of loaded data - Data import formats and methods - Data Management and integration tools |
| Consolidation Process | - Ownership and minority interest calculations - Currency translation - Intercompany eliminations - Consolidation rules and automation |
| Business Rules and Calculation Logic | - Rule execution and debugging - Calculation scripts and rule design |
| Application Setup and Configuration | - User security and access setup - Managing periods, calendars, and entities - Creating and configuring FCCS applications |
Oracle Financial Consolidation and Close 2019 Implementation Essentials (1z1-1081) — Questions Candidates Actually Ask
The 1z1-1081 exam, officially known as Oracle Financial Consolidation and Close 2019 Implementation Essentials, is the Oracle test that leads to the Oracle Financial Consolidation and Close Cloud Service (FCCS) Implementation certification at the Professional level. Passing it validates the skills employers expect from a certified professional. It is also associated with related credentials such as Oracle Cloud EPM Certification, Oracle Financial Consolidation and Close Cloud Service Specialist.
The 1z1-1081 exam contains 55-75 questions, and you have 120 minutes to complete them. Work out your per-question pace before test day, and flag slow items instead of stalling on them — time pressure, not knowledge, sinks many first attempts. Timed mock exams in the Actual4Exams test engines are the most reliable way to build that rhythm.
The passing score for the 1z1-1081 exam is Not publicly disclosed, and the official registration fee is USD 245 (varies by region). If you miss the mark, a retake means paying the full fee again, so book your seat only when you are ready. A practical benchmark: score consistently above the passing line on timed practice tests before scheduling the real exam.
Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required
Entry requirements can change, so confirm the latest conditions on the official exam page: https://education.oracle.com.
You can book the 1z1-1081 exam through the official registration channels below:
Exam delivery: Online proctored or test center (Pearson VUE). Seats at popular test centers fill quickly, so schedule early once your preparation is on track.
Oracle recommends the following training options for Oracle Financial Consolidation and Close 2019 Implementation Essentials candidates:
Pair any course with the 86 practice questions from Actual4Exams to measure how ready you really are before paying the exam fee.
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If you take the corresponding 1z1-1081 exam within 60 days of purchase and do not pass, you can apply for a full refund under the 100% Money Back Guarantee: submit a scan of your enrollment slip and your official Score Report (PDF) within 2 days of the exam date, and the claim is processed within 7 days. Attempts made within 3 days of purchase, downloads without an actual exam attempt, free materials, and expired orders are not eligible, and the candidate name must match the payer name. Prefer new material instead of a refund? You can exchange your purchase for two free products of equal value and keep the update service on your original product. As for delivery, the files are available for instant download and are also emailed to you within one minute of payment — if nothing arrives within 2 hours, contact customer service. There is no limit on how many computers you can install the product on.
The official Oracle Financial Consolidation and Close 2019 Implementation Essentials outline is organized into 7 domains. The first three are:
- FCCS Overview and Architecture
- Consolidation Process
- Metadata and Dimensionality
See the complete exam topics section above for the full outline and the weighting of every domain.
Oracle Financial Consolidation and Close 2019 Implementation Essentials Sample Questions:
Question 1
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
A. The Intercompany Alias is automatically changed to the new Entity Alias.
B. The Intercompany Alias is automatically set to the Intercompany Name.
C. The Intercompany Alias is set to the Entity Name.
D. The Intercompany Alias is not automatically changed to the new Entity Alias.
Question 2
You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?
A. the Page Axis
B. a column
C. the Point of View
D. Other Options section
Question 3
A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?
A. Activate the Connection.
B. Change one of the Row or Column dimension members and click Refresh.
C. Close out of Excel, and relog in to Smart View.
D. Disconnect from the Smart View connection, and relog in.
Question 4
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)
A. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
B. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
C. The Cash Change hierarchy cannot be modified.
D. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
E. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.
F. Siblings can be added to the FCCS_CashFlow_Investing member.
Question 5
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
A. The current FCCS_CTA account balance does not change from the prior period
B. A variance in the Average rate and the Ending rate
C. Movement of FX impact for historical rate accounts to the FCCS_CTA account
D. The account is FCCS_Net Income
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: A,D,E,F | Question 5 Answer: A |
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