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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.

Oracle 1Z0-1081-20 certification exam is intended for professionals who have a deep understanding of accounting, finance, and related concepts. 1Z0-1081-20 exam is ideal for individuals who are involved in financial consolidation and close processes, such as financial analysts, accountants, and finance managers. 1Z0-1081-20 exam is also suitable for professionals who are responsible for managing Oracle Financial Consolidation and Close applications, such as system administrators, developers, and consultants.

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

Oracle 1Z0-1081-20 exam is a multiple-choice exam that consists of 70 questions. 1Z0-1081-20 exam is scored on a scale of 0 to 100, and candidates must score at least 60% to pass. 1Z0-1081-20 exam is available in English and Japanese and can be taken online or at an authorized testing center. 1Z0-1081-20 exam fee is $245, and candidates have two and a half hours to complete the exam. Passing 1Z0-1081-20 exam is a great way to demonstrate your expertise in Oracle Financial Consolidation and Close 2020 Implementation Essentials, and it can help you advance your career in finance and accounting.

Oracle 1Z0-1081-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Dimension Management25%- Add and edit members using Simplified Editor
- Work with Account, Entity, Scenario, and Movement dimensions
- Import/export members and assign security access
Topic 2: Consolidation and Translation25%- Set up ownership and statutory consolidation
- Configure translation methods and exchange rates
- Explain consolidation and closing balance calculation
- Create configurable consolidation rules
Topic 3: Journals, Approvals, and Close Management15%- Automate tasks with EPM Automate
- Create journals and journal templates
- Configure approval processes
- Use Task Manager and Supplemental Data
Topic 4: Business Process Setup20%- Run the setup wizard
- Describe FCC features and use cases
- Configure system profiles and source systems
Topic 5: Data Integration15%- Define data load rules and execute data loads
- Create import formats and mappings
- Manage data with Lifecycle Management

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