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Oracle 1z0-1081-22 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2022 Implementation Professional |
| Exam Number: | 1Z0-1081-22 |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Select, Multiple Choice |
| Passing Score: | 66% |
| Exam Price: | USD $245 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle EPM Cloud Implementation Professional Oracle Financial Consolidation and Close 2023/2025 Implementation Professional |
| Certificate Validity Period: | Lifetime |
| Recommended Training: | Oracle Financial Consolidation and Close Cloud Service Implementation |
| Exam Registration: | Pearson VUE Registration Oracle Certification Portal |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or onsite at Pearson VUE testing centers |
| Pre Condition: | No mandatory prerequisites; recommended 6β12 months hands-on experience with Oracle FCCS and EPM Cloud |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2022-implementation-professional/p_exam_1Z0-1081-22 |
Oracle 1z0-1081-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Currency Translation and Consolidation | 25% | - Set up consolidation methods - Enter exchange rates and overrides - Run consolidation and review status - Configure translation rules - Manage intercompany eliminations |
| FCCS Application Configuration | 20% | - Configure dimensions and members - Manage security and roles - Set up business process - Configure system settings |
| Data Management and Integration | 20% | - Import/export and copy data - Use EPM Automate - Set up data integration - Audit and maintain data |
| Journals and Adjustments | 15% | - Build journal templates - Configure consolidation rules - Create and manage journals |
| Approval and Close Process | 10% | - Set up approval units - Manage close process flow - Define approval groups |
| Reporting and Analysis | 10% | - Generate consolidation reports - Create financial reports - Build dashboards |
Oracle 1z0-1081-22 Exam Questions Answered
The 1z0-1081-22 exam leads to the Oracle Financial Consolidation and Close 2022 Implementation Professional certification from Oracle. It is positioned at the Professional / Implementation Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Financial Consolidation and Close 2022 Implementation Professional.
Related certifications include:
- Oracle EPM Cloud Implementation Professional
- Oracle Financial Consolidation and Close 2023/2025 Implementation Professional
The 1z0-1081-22 exam includes 60 questions and allows 90 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for 1z0-1081-22 is 66%, and the official exam fee is USD $245. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
No mandatory prerequisites; recommended 6β12 months hands-on experience with Oracle FCCS and EPM Cloud
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
You can register through the official channels listed below:
The available exam delivery method is Online proctored or onsite at Pearson VUE testing centers.
The official training options include:
After reviewing the recommended training, reinforce what you learned with Actual4dump's 116 practice questions for 1z0-1081-22.
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The current 1z0-1081-22 outline is organized into 6 top-level domains. The first listed areas include:
- Approval and Close Process (10%)
- Currency Translation and Consolidation (25%)
- Journals and Adjustments (15%)
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions:
For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
- A. Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in Calculation Manager.
- B. Edit the numbers using a web form or Smart View after consolidating.
- C. Click Configurable Consolidation on the Consolidation Process page and create a Configurable Consolidation rule-set.
- D. Create an on-demand rule in Calculation Manager that you run after consolidation.
Correct Answer: C π³οΈ
Explanation: Only visible for Actual4dump members. You can sign-up / login (it's free).
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
- A. FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
- B. Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
- C. Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
- D. FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate
Correct Answer: A,D π³οΈ
Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?
- A. 4-4-4-4
- B. 3-3-3-4
- C. 4-4-4-5
- D. 3-3-3-3
Correct Answer: B π³οΈ
Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?
- A. Supplemental Data Management
- B. Financial Close Management
- C. Account Reconciliation Management
- D. Data Management
- E. Process Management
Correct Answer: C π³οΈ
You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?
- A. The task will not run.
- B. The schedule end date changes to match the end date of the task.
- C. The new task will run outside of the schedule end date.
- D. An error, you can't add a new task past the due date.
Correct Answer: B π³οΈ
Explanation: Only visible for Actual4dump members. You can sign-up / login (it's free).
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