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Oracle 1Z0-1081-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2020 Implementation Essentials |
| Exam Number: | 1Z0-1081-20 |
| Real Exam Qty: | 60 |
| Available Languages: | English |
| Related Certifications: | Oracle Financial Consolidation and Close 2022 Implementation Professional Oracle Financial Consolidation and Close Cloud Service Certifications |
| Exam Duration: | 85 minutes |
| Exam Format: | Multiple choice, Scenario based |
| Exam Price: | USD (varies by country) |
| Passing Score: | 66% (approx.) |
| Sample Questions: |  |
| Exam Way: | Onsite or Online proctored delivery via Oracle testing partners |
| Pre Condition: | No specific prerequisites, recommended experience with Oracle EPM Cloud or FCCS |
| 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 | Objectives |
|---|---|
| Topic 1: Adjustments and Ownership | - Use equity pickup and ownership management - Create consolidation adjustments |
| Topic 2: Dimension and Data Management | - Import members, define mappings and load rules - Manage supplemental data and alternate hierarchies |
| Topic 3: Financial Translation and Reporting | - Design financial reports in Financial Reporting Studio - Customize translation using rules and rate accounts |
| Topic 4: Setup and Configuration | - Configure system setting profiles and source/target applications - Assign security access to dimension members |
| Topic 5: Consolidation and Close Processes | - Set up and run consolidations - Automate tasks using EPM Automate |
Oracle 1Z0-1081-20 Exam: FAQ for Busy Professionals
Yes — download the free Oracle Financial Consolidation and Close 2020 Implementation Essentials demo and inspect the material before buying. Purchases include the right of free updating for 365 days, with latest versions emailed promptly upon release; renew afterward at 50% off.
USD (varies by country) per attempt, 66% (approx.) to pass. For busy professionals, one prepared attempt beats two rushed ones — work through the 118 practice questions for the 1Z0-1081-20 exam at ValidVCE first.
The Oracle Financial Consolidation and Close 2020 Implementation Essentials blueprint covers 5 domains — including Consolidation and Close Processes, Adjustments and Ownership, Setup and Configuration. Budget your limited hours by weighting; the complete outline above lists every subtopic.
The Oracle Financial Consolidation and Close 2020 Implementation Essentials is Oracle's certification exam for Oracle Financial Consolidation and Close Cloud Service, at the Implementation Specialist level. It's among the most authoritative credentials in the field — for those aiming at Oracle careers, it's the first step. Related credentials include Oracle Financial Consolidation and Close 2022 Implementation Professional, Oracle Financial Consolidation and Close Cloud Service Certifications.
Files arrive by automatic email within a minute of payment — unlimited devices, and 24/7 customer assisting if nothing shows up within 2 hours (check spam). Need an invoice? Email us your company name for a custom invoice made to your demand. If you fail the corresponding 1Z0-1081-20 exam within 60 days of purchase, we process a full refund within 7 days — send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Alternatively, exchange for two equal-value products free.
No specific prerequisites, recommended experience with Oracle EPM Cloud or FCCS Vendors update eligibility rules over time, so verify the current requirements on the official page (official 1Z0-1081-20 exam page) before registering.
85 minutes for 60 questions. Time-pressed candidates should rehearse the clock: short timed sets on busy days, full simulations on free ones.
Oracle Financial Consolidation and Close 2020 Implementation Essentials Sample Questions:
When defining a batch in Data Management, which statement is True?
- A. Batches can execute data loads for multiple locations.
- B. A batch replaces the need for data load rules.
- C. Each data load rule must specify the period or the batch will default to the POV period.
- D. A batch can load to multiple plan types.
- E. Batches can import from source or export to target, but not both.
Correct Answer: A 🗳️
Once metadata is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?
- A. System Changed (SC)
- B. Need Translate
- C. Impacted
- D. OK
Correct Answer: A 🗳️
Explanation: Only visible for ValidVCE members. You can sign-up / login (it's free).
What information is included in the data extract export file delimited format?
- A. the data load cube name
- B. the application name
- C. the domain and application name
- D. the ID of the user performing the extract
Correct Answer: D 🗳️
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 Supplemental Data during the application creation process.
- B. Drill-back to SDM is not an available feature.
- C. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
- D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
Correct Answer: C 🗳️
Which statement is false regarding establishing security for Financial Consolidation and Close?
- A. All members are accessible for dimensions with no security applied.
- B. Security can be disabled for any dimension.
- C. Security can be assigned at a prevent level.
- D. The Identity Domain Administrator inherits full access privileges.
- E. Security is mandatory for one dimension.
Correct Answer: A 🗳️
Explanation: Only visible for ValidVCE members. You can sign-up / login (it's free).
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