Efficiency comes from focus, not from cutting corners. The PracticeVCE experts concentrate the Oracle Financial Consolidation and Close 2019 Implementation Essentials materials on tested points, keeping the 86 practice questions lean and purposeful.
Oracle 1z1-1081 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2019 Implementation Essentials |
| Exam Number: | 1Z0-1081 |
| Exam Duration: | 120 minutes |
| Passing Score: | Not publicly disclosed |
| Exam Price: | USD 245 (varies by region) |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Real Exam Qty: | 55-75 |
| Related Certifications: | Oracle Cloud EPM Certification Oracle Financial Consolidation and Close Cloud Service Specialist |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Cloud EPM Learning Subscription Oracle University FCCS Training |
| 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 |
|---|---|
| Consolidation Process | - Consolidation rules and automation - Intercompany eliminations - Ownership and minority interest calculations - Currency translation |
| Business Rules and Calculation Logic | - Rule execution and debugging - Calculation scripts and rule design |
| FCCS Overview and Architecture | - Cloud EPM architecture concepts - Financial consolidation process overview |
| Application Setup and Configuration | - Managing periods, calendars, and entities - Creating and configuring FCCS applications - User security and access setup |
| Close Process and Reporting | - Data validation and audit reporting - Period close process - Financial reporting and Smart View |
| Metadata and Dimensionality | - Metadata updates and validation - Custom dimensions and attributes - Account and entity dimension design |
| Data Integration and Loading | - Data Management and integration tools - Data import formats and methods - Validation and reconciliation of loaded data |
1z1-1081 Exam FAQ — Opportunity Favors the Prepared
Online proctored or test center (Pearson VUE) Register for the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam through these official channels:
After booking, PracticeVCE delivers your practice questions within 1 minute — preparation starts the same day.
PracticeVCE issues a full refund if you take the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
The official Oracle Financial Consolidation and Close 2019 Implementation Essentials outline defines 7 domains. The leading three are Consolidation Process, Data Integration and Loading, and Business Rules and Calculation Logic. The full list is in the topics section above, and PracticeVCE's 86 practice questions cover each one.
The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam contains 55-75 to complete within 120 minutes. Timed simulation in the PracticeVCE Desktop Test Engine teaches that rhythm before exam day does.
The 1z1-1081 exam is a Oracle certification exam validating the Oracle Financial Consolidation and Close 2019 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Cloud EPM Certification, Oracle Financial Consolidation and Close Cloud Service Specialist. Candidates in 2026 start with PracticeVCE's 86 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam requires Not publicly disclosed to pass, and registration costs USD 245 (varies by region). A failed attempt means paying the same fee again — a readiness check with the PracticeVCE engines before booking is the cheaper option.
Oracle recommends these training resources for the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam:
Follow the training with steady self-testing — the 86 practice questions from PracticeVCE help you apply theory and fill any gaps the training leaves.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 86 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Oracle Financial Consolidation and Close 2019 Implementation Essentials Sample Questions:
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
- A. Intercompany Plug Accounts
- B. Intercompany Accounts
- C. Elimination Consolidation Dimension member
- D. Intercompany Partners
Correct Answer: D 🗳️
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 is automatically removed.
- C. The associated Intercompany member must be manually removed.
- D. The alias of the associated Intercompany member must be manually changed.
Correct Answer: A 🗳️
Which statement is true regarding Data Management categories?
- A. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
- B. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
- C. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
- D. Application mapping is not required if the global mapping target category is exactly correct.
Correct Answer: C 🗳️
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
- A. Input Currency
- B. Entity Currency
- C. Parent Currency
- D. Reporting Currency
Correct Answer: D 🗳️
What are two important first steps in initially setting up Close Manager? (Choose two.)
- A. Set up Users.
- B. Assign tasks to users.
- C. Define system settings such as Organization units, Holiday rules and Task attachment size.
- D. Create a schedule and set it to Open status.
Correct Answer: A,C 🗳️
Viewing page 1 out of 18 pages.
Viewing questions 1-5 out of 86 questions.
930 Customer Reviews
