Oracle Financial Consolidation and Close 2020 Implementation Essentials 1Z0-1081-20 Certified Exam Dumps

1Z0-1081-20 Exam Dumps

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Certification Provider: Oracle
Exam Code / Number: 1Z0-1081-20
Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials
Exam Questions: 118
Last Updated: May 31, 2026
Corresponding Certification: Oracle Financial Consolidation and Close Cloud Service

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Oracle 1Z0-1081-20 exam is part of the Oracle Certification program, which offers a range of certifications for IT professionals. The Oracle Certification program provides a reliable and recognized validation of skills and knowledge, which can help individuals advance their careers and gain credibility in the industry. The Oracle 1Z0-1081-20 exam is a prerequisite for the Oracle Financial Consolidation and Close Cloud Service 2020 Certified Implementation Specialist certification.

To pass the Oracle 1Z0-1081-20 examination, candidates need to prepare thoroughly by studying and understanding the exam objectives. They should take advantage of the learning resources provided by Oracle, including self-study materials, instructor-led training, and practical experience. Taking practice exams and committing to continuous learning is key to passing 1Z0-1081-20 exam and obtaining the Oracle Financial Consolidation and Close 2020 Certified Implementation Specialist certification.

Oracle 1Z0-1081-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure system setting profiles, set up source systems, register target applications
  • Assign security access to dimension members
Topic 2
  • Run the setup wizard for the FCC business process
  • Describe the member properties for the Account, Entity, and Scenario dimensions
Topic 3
  • Create consolidation adjustments with Configurable Consolidation rules
  • Describe Financial Consolidation and Close features
Topic 4
  • Customize the translation process using translation rules and custom rate accounts
  • Add currencies to the Currency dimension
Topic 5
  • Audit changes to the application and data
  • Explain the Closing Balance calculation in the Movement dimension
  • Design financial reports in Financial Reporting Studio
Topic 6
  • Automate repetitive tasks using EPM Automate
  • Set Up and Run Consolidations
  • Identify deployment use cases
Topic 7
  • Create import formats, locations, period mappings, and category mappings
  • Add members to the Movement dimension and cash flow hierarchy
Topic 8
  • Manage data collection using Supplemental Data
  • Create journals and journal templates
  • Create alternate hierarchies
Topic 9
  • Build Out Your Financial Consolidation and Close Solution
  • Enter exchange rates and historical override rates and amounts
Topic 10
  • Set Up the Financial Consolidation and Close Business Process
  • Explain the calculation statuses for entities
Topic 11
  • Back up and migrate data and metadata using Lifecycle Management
  • Describe the system dimensions
Topic 12
  • Create equity pickup adjustments using the Equity Pickup feature
  • Describe the restrictions for modifying seeded members
Topic 13
  • Create member mappings and define data load rules
  • Manage the close process using Task Manager
  • Translate data to reporting currencies

Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2020-implementation-essentials/pexam_1Z0-1081-20

Oracle 1Z0-1081-20 exam is an important certification for professionals who want to demonstrate their expertise in implementing the Oracle Financial Consolidation and Close Cloud Service. It covers various topics related to configuring, implementing, and maintaining the service, and helps candidates to validate their skills and knowledge in this area.



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