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

1Z0-1081-20 real exams

Exam Code: 1Z0-1081-20

Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials

Updated: Aug 09, 2026

Q & A: 118 Questions and Answers

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Oracle 1Z0-1081-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Automate repetitive tasks using EPM Automate
  • Set Up and Run Consolidations
  • Identify deployment use cases
Topic 2
  • Build Out Your Financial Consolidation and Close Solution
  • Enter exchange rates and historical override rates and amounts
Topic 3
  • Create equity pickup adjustments using the Equity Pickup feature
  • Describe the restrictions for modifying seeded members
Topic 4
  • Customize the translation process using translation rules and custom rate accounts
  • Add currencies to the Currency dimension
Topic 5
  • Configure the default translation method and default rate accounts
  • Add and edit members using the Simplified Dimension Editor
Topic 6
  • Set Up the Financial Consolidation and Close Business Process
  • Explain the calculation statuses for entities
Topic 7
  • Create import formats, locations, period mappings, and category mappings
  • Add members to the Movement dimension and cash flow hierarchy
Topic 8
  • Run the setup wizard for the FCC business process
  • Describe the member properties for the Account, Entity, and Scenario dimensions
Topic 9
  • Back up and migrate data and metadata using Lifecycle Management
  • Describe the system dimensions
Topic 10
  • Configure statutory consolidations using Ownership Management and Consolidation Methods
  • Import members from a file
Topic 11
  • Configure system setting profiles, set up source systems, register target applications
  • Assign security access to dimension members
Topic 12
  • Audit changes to the application and data
  • Explain the Closing Balance calculation in the Movement dimension
  • Design financial reports in Financial Reporting Studio
Topic 13
  • Create consolidation adjustments with Configurable Consolidation rules
  • Describe Financial Consolidation and Close features
Topic 14
  • 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

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