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Oracle 1z1-1081 certification exam is designed for professionals who want to validate their skills in Oracle Financial Consolidation and Close 2019 Implementation Essentials. 1z1-1081 exam tests the knowledge and expertise required to implement and configure the financial consolidation and close process using Oracle EPM Cloud. It is an essential credential for professionals seeking to advance their career in financial consolidation and close.
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Oracle Financial Consolidation and Close (FCC) module is a cloud-based tool that enables finance professionals to consolidate financial data from multiple sources, perform financial close tasks, and report financial results. The 1z1-1081 exam is designed to validate the skills required to implement this module effectively. 1z1-1081 exam covers topics such as setting up the FCC environment, configuring data sources, creating mapping, handling currency translation, defining consolidation rules, and reporting results.
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Oracle 1z1-1081 exam is a multiple-choice exam that consists of 60 questions. Candidates are given 105 minutes to complete the exam. 1z1-1081 exam is administered by Pearson VUE, a leading provider of computer-based testing services. Candidates can register for the exam online through the Oracle website or through Pearson VUE.
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| Section | Weight | Objectives |
|---|---|---|
| Set Up and Run Consolidations | 18% | - Eliminations and adjustments - Currency translation setup - Consolidation process flow |
| Manage Dimensions | 15% | - Import/modify members and hierarchies - Account, Entity, Scenario, Currency dimensions - Assign security access |
| Set Up the Business Process | 12% | - Define system settings - Create and configure application |
| Reporting, Security and Maintenance | 15% | - Security and valid intersections - Audit, backup and migration - Create forms and reports |
| Advanced Consolidations | 15% | - Ownership and statutory consolidation - Groovy rules and custom logic - Configurable calculations and rules |
| Data Integration and Management | 15% | - Create mappings and load rules - Data Management setup - Run and schedule data loads |
| Financial Consolidation and Close Overview | 10% | - Key features and use cases - Architecture and components |
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