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Oracle 1Z0-1081-21 Exam Syllabus

Oracle 1Z0-1081-21 Exam

Oracle Financial Consolidation and Close 2021 Implementation Essentials

Total Questions: 116

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Oracle 1Z0-1081-21 Exam Overview :

Exam Name Oracle Financial Consolidation and Close 2021 Implementation Essentials
Exam Code 1Z0-1081-21
Actual Exam Duration 90 minutes
Expected no. of Questions in Actual Exam 60
Exam Registration Price $250
Official Information https://education.oracle.com/oracle-financial-consolidation-and-close-2021-implementation-essentials/pexam_1Z0-1081-21
See Expected Questions Oracle 1Z0-1081-21 Expected Questions in Actual Exam
Take Self-Assessment Use Oracle 1Z0-1081-21 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure

Oracle 1Z0-1081-21 Exam Topics :

Section Weight Objectives
Financial Consolidation and Close Overview     Describe Financial Consolidation and Close features
Set Up the Financial Consolidation and Close Business Process
  •     Run the setup wizard for the FCC business process
  •     Add users and assign security roles
Manage Dimensions
  •     Describe the Account, Entity, and Scenario dimensions
  •     Add and edit members using the Simplified Dimension Editor
  •     Import members from a file
  •     Add members to the Currency and Movement dimensions
  •     Assign security access to dimension members
Integrate Data from Source Systems Using Data Management
  •     Describe the use cases for Data Management
  •     Configure system setting profiles, set up source systems, register target applications
  •     Create import formats, locations, period mappings, and category mappings
  •     Create member mappings and define data load rules
  •     Run data loads
Set Up and Run Consolidations
  •     Explain the consolidation process (translate, eliminate, consolidate) and closing balance calculation
  •     Enter exchange rates and historical override rates and amounts
  •     Configure the default translation method and default rate accounts
  •     Explain the calculation statuses for entities
  •     Run consolidation
  •     Translate data to reporting currencies
  •     Explain Intercompany Entity Aggregation Options
  •     (New) Configure Opening and Closing Balance System Rules
Set Up Advanced Consolidations
  •     Customize the translation process using translation rules and custom rate accounts
  •     Create custom consolidation calculations with Configurable Calculations and On Demand Rules
  •     Configure statutory consolidations using Ownership Management and Consolidation Methods
  •     Create consolidation adjustments with Configurable Consolidation Rules
Build Out Your Financial Consolidation and Close Solution
  •     Describe valid intersection rules
  •     Create data forms
  •     Create journals and journal templates
  •     Explain the approval process for entities
  •     Set up the approval process
  •     Manage the close process using Task Manager
  •     Manage data collection using Supplemental Data
  •     Define custom navigation flows
  •     Automate repetitive tasks using EPM Automate
Managing Business Process Data
  •     Import and export; copy and clear data
  •     Audit changes to the application and data
  •     Back up and migrate data and metadata
Design Reports and Dashboards
  •     Create journal, intercompany, and consolidation reports
  •     Create and run financial reports
  •     Create Dashboards

Updates in the Oracle 1Z0-1081-21 Exam Syllabus:

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