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

"Oracle Financial Consolidation and Close 2020 Implementation Essentials", also known as 1Z0-1081-20 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 118 Q&As to your 1Z0-1081-20 Exam preparation. In the 1Z0-1081-20 exam resources, you will cover every field and category in Oracle Financial Consolidation and Close Cloud Service Certification helping to ready you for your successful Oracle Certification.

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  • Exam Code: 1Z0-1081-20
  • Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Financial Consolidation and Close Cloud Service
  • Updated: Jun 03, 2026
  • No. of Questions: 118 Questions & Answers with Testing Engine
  • Download Limit: Unlimited
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Oracle 1Z0-1081-20 Exam Syllabus Topics:

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

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

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