Reading notes is one thing; sitting a timed exam is another. The Actual4Exams test engines simulate the real 1Z0-1081-20 exam environment, so the 118 Oracle Financial Consolidation and Close 2020 Implementation Essentials practice questions feel familiar long before test day.
Oracle 1Z0-1081-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2020 Implementation Essentials |
| Exam Number: | 1Z0-1081-20 |
| Exam Format: | Multiple Select, Multiple Choice |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | 18 months (Cloud Recertification Policy) |
| Passing Score: | 66% |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Recommended Training: | Oracle Financial Consolidation and Close Implementation Guide Oracle Financial Consolidation and Close 2020 Learning Subscription |
| Exam Registration: | Oracle Certification Portal Pearson VUE Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle EPM Cloud recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2020-implementation-essentials/pexam_1Z0-1081-20 |
Oracle 1Z0-1081-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Dimension Management | 25% | - Import/export members and assign security access - Work with Account, Entity, Scenario, and Movement dimensions - Add and edit members using Simplified Editor |
| Journals, Approvals, and Close Management | 15% | - Configure approval processes - Automate tasks with EPM Automate - Use Task Manager and Supplemental Data - Create journals and journal templates |
| Consolidation and Translation | 25% | - Configure translation methods and exchange rates - Create configurable consolidation rules - Set up ownership and statutory consolidation - Explain consolidation and closing balance calculation |
| Business Process Setup | 20% | - Describe FCC features and use cases - Configure system profiles and source systems - Run the setup wizard |
| Data Integration | 15% | - Create import formats and mappings - Manage data with Lifecycle Management - Define data load rules and execute data loads |
Oracle Financial Consolidation and Close 2020 Implementation Essentials (1Z0-1081-20) — Questions Candidates Actually Ask
The 1Z0-1081-20 exam, officially known as Oracle Financial Consolidation and Close 2020 Implementation Essentials, is the Oracle test that leads to the Oracle Financial Consolidation and Close 2020 Certified Implementation Specialist certification at the Specialist level. Passing it validates the skills employers expect from a certified professional.
The 1Z0-1081-20 exam contains 60 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 1Z0-1081-20 exam is 66%, and the official registration fee is $245 USD. 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.
No mandatory prerequisites; hands-on experience with Oracle EPM Cloud recommended
Entry requirements can change, so confirm the latest conditions on the official exam page: https://education.oracle.com/oracle-financial-consolidation-and-close-2020-implementation-essentials/pexam_1Z0-1081-20.
You can book the 1Z0-1081-20 exam through the official registration channels below:
Exam delivery: Online proctored or onsite at Pearson VUE test centers. 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 2020 Implementation Essentials candidates:
- Oracle Financial Consolidation and Close 2020 Learning Subscription
- Oracle Financial Consolidation and Close Implementation Guide
Pair any course with the 118 practice questions from Actual4Exams to measure how ready you really are before paying the exam fee.
Yes. A free PDF demo of the Oracle Financial Consolidation and Close 2020 Implementation Essentials questions is available, so you can check the question style and answer quality before you pay. Every purchase also includes 365 days of free updates, and if the product expires you can renew the update service at a 50% discount from your member zone.
If you take the corresponding 1Z0-1081-20 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 2020 Implementation Essentials outline is organized into 5 domains. The first three are:
- Journals, Approvals, and Close Management — 15% of the exam
- Data Integration — 15% of the exam
- Consolidation and Translation — 25% of the exam
See the complete exam topics section above for the full outline and the weighting of every domain.
Oracle Financial Consolidation and Close 2020 Implementation Essentials Sample Questions:
By default, security access is set to "None" for which three dimensions? (Choose three.)
- A. Account
- B. Entity
- C. Data Source
- D. Movement
- E. Year
Correct Answer: A,B,C 🗳️
What can the Intercompany Dimension be enabled and made visible within your application?
- A. during application creation and selecting the Multi-source Data Input of Other Data
- B. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
- C. during application creation and selecting the Intercompany Data feature option
- D. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
Correct Answer: C 🗳️
Which statement accurately describes alternate hierarchies?
- A. Data must be entered multiple times for shared members
- B. Parent members having the same currency
- C. Contribution to parent members are similar
- D. Single entities having multiple parents
Correct Answer: D 🗳️
When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?
- A. load data to this account and make member formulas
- B. create Member Formulas
- C. load data to this account
- D. Member Formulas cannot be created
Correct Answer: A,B 🗳️
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)
- A. FCCS_CashChange movement member
- B. FCCS_CashFlow_Operating movement member
- C. FCCS_Accounts Payable account member
- D. FCCS_CashFlow_Accounts Payable account member
- E. FCCS_Total Balance Sheet - Cash and NonCash account member
Correct Answer: D,E 🗳️
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