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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 |
| Real Exam Qty: | 55-75 |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 120 minutes |
| Exam Price: | USD 245 (varies by region) |
| Exam Format: | Multiple Choice, Multiple Response |
| Passing Score: | Not publicly disclosed |
| Related Certifications: | Oracle Financial Consolidation and Close Cloud Service Specialist Oracle Cloud EPM Certification |
| Available Languages: | English |
| Recommended Training: | Oracle University FCCS Training Oracle Cloud EPM Learning Subscription |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Portal |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
|---|---|
| Topic 1: Metadata and Dimensionality | - Custom dimensions and attributes - Metadata updates and validation - Account and entity dimension design |
| Topic 2: Application Setup and Configuration | - User security and access setup - Managing periods, calendars, and entities - Creating and configuring FCCS applications |
| Topic 3: Consolidation Process | - Consolidation rules and automation - Intercompany eliminations - Currency translation - Ownership and minority interest calculations |
| Topic 4: Close Process and Reporting | - Period close process - Data validation and audit reporting - Financial reporting and Smart View |
| Topic 5: Data Integration and Loading | - Data Management and integration tools - Validation and reconciliation of loaded data - Data import formats and methods |
| Topic 6: Business Rules and Calculation Logic | - Calculation scripts and rule design - Rule execution and debugging |
| Topic 7: FCCS Overview and Architecture | - Cloud EPM architecture concepts - Financial consolidation process overview |
Before You Register for 1z1-1081: Read This First
Oracle lists these official training resources for candidates:
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Registration runs through Oracle's official channels:
Set up your profile, choose a test center or online slot, and book early — good dates disappear quickly.
By treating quality as a system, not a slogan. Our experts specialize in Oracle technology and constantly upgrade the 1z1-1081 bank, with expert-verified answers across the Oracle Financial Consolidation and Close 2019 Implementation Essentials objectives. You can download a free trial before paying, pay securely by credit card on our trusted payment platform, and rely on 365 days of free updates afterward — every revision is emailed to you automatically. Questions at any point get immediate answers from our support team.
The Oracle Financial Consolidation and Close 2019 Implementation Essentials blueprint centers on these domains:
- FCCS Overview and Architecture
- Application Setup and Configuration
- Metadata and Dimensionality
The full official outline lists further domains, and our bank covers them all.
According to current exam information, the 1z1-1081 exam presents 55-75 questions within a 120 minutes-minute limit. Timed practice sessions are the simplest way to make that constraint feel familiar before the real day.
Upon successful payment, our system automatically sends the product to your mailbox — typically within about a minute — and a download link appears immediately. If nothing arrives within two hours, check your spam folder and contact support. Install on unlimited devices, and enjoy 365 days of free updates: you receive an email with the updated 1z1-1081 materials whenever a revision is released, followed by a 50% renewal discount at the end of the period.
Oracle publishes the following prerequisites for the Oracle Financial Consolidation and Close 2019 Implementation Essentials: Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required.
Always confirm the latest requirements on the official certification page.
At present, passing the 1z1-1081 exam requires a score of Not publicly disclosed, and registration costs USD 245 (varies by region). Both are Oracle's figures and subject to change — verify them on the official site when booking.
Clear terms, honored consistently. If you fail the corresponding exam within 60 days of purchase, send a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims are refunded in full within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. You may instead request a free exchange for two products of equal value.
Oracle Financial Consolidation and Close 2019 Implementation Essentials Sample Questions:
Which item describes the use for the Currency dimension property Triangulation Currency?
- A. The ability to report in multiple currencies
- B. The ability to calculate CTA (Cumulative Translation Adjustment)
- C. The ability to force translations
- D. The ability to input foreign exchange rates
- E. The ability to calculate foreign exchange rates
Correct Answer: E 🗳️
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
- A. when the tasks require consistent definition across close schedules
- B. when the tasks are repeatable over multiple close cycles
- C. when the tasks require multiple levels of approvers
- D. when the tasks are often late in completion and they need to be monitored more closely
Correct Answer: D 🗳️
Which three scenarios result in foreign currency translation during the default consolidation process? (Choose three.)
- A. A parent entity has the same default currency as its parent.
- B. A shared entity has a parent with a different currency.
- C. A base entity currency has a parent entity with a matching default currency.
- D. A base entity currency has a parent entity with a different default currency.
- E. A parent entity has a different currency from its parent.
Correct Answer: B,D,E 🗳️
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?
- A. Select Dimensions, then Actions, and then Import Data
- B. Select Application, then Overview, then Actions, and then Import Data
- C. Select Application, then Overview, then Data, and then Export
- D. Select Import, then Actions, and then Data
Correct Answer: B 🗳️
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
- A. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
- B. Drill-back to SDM is not an available feature.
- C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
- D. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
Correct Answer: D 🗳️
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