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Avoid expensive retake fees by preparing with our reliable 1Z0-1081-20 dumps. ValidTorrent offers 118 realistic exam questions covering the latest 2026 Oracle Financial Consolidation and Close 2020 Implementation Essentials syllabus, complete with a free demo.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2020 Implementation Essentials |
| Exam Number: | 1Z0-1081-20 |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Related Certifications: | Oracle Cloud Enterprise Performance Management (EPM) Certifications Oracle Financial Consolidation and Close Cloud Service Implementation Specialist |
| Recommended Training: | Oracle Cloud EPM Learning Path Oracle University FCCS Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or onsite via Pearson VUE testing centers |
| Pre Condition: | Basic understanding of Oracle Cloud EPM and financial consolidation concepts is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Financial reporting tools
|
| Topic 2: Consolidation Process | - Close process management
|
| Topic 3: Security and Access Management | - User roles and provisioning
|
| Topic 4: Application Configuration | - Metadata setup
|
| Topic 5: Data Integration and Loading | - Data import processes
|
| Topic 6: FCCS Overview and Architecture | - Oracle Cloud EPM Fundamentals
|
The 1Z0-1081-20 exam is a core requirement for the Oracle Financial Consolidation and Close Cloud Service Implementation Essentials certification at the Professional level. Earning this validates your skills for credentials like Oracle Financial Consolidation and Close Cloud Service Implementation Specialist, Oracle Cloud Enterprise Performance Management (EPM) Certifications.
Candidate requirements include: Basic understanding of Oracle Cloud EPM and financial consolidation concepts is recommended.. Please verify all eligibility details on the official certification page before scheduling your appointment.
Registration is handled through official testing partners. The exam is delivered via Online proctored or onsite via Pearson VUE testing centers. You can sign up here:
The vendor suggests following official learning paths to build a foundational understanding:
Once you complete your training, use the 118 practice questions from ValidTorrent to refine your exam readiness.
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The syllabus is divided into 6 main domains. Key areas include "Data Integration and Loading", "Application Configuration", "FCCS Overview and Architecture". For a comprehensive breakdown of all measured skills, please review the complete exam outline table provided above.
P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
Correct Answer: B 🗳️
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)
Correct Answer: A,B,D 🗳️
Which statement correctly describes the Consolidation dimension?
Correct Answer: B 🗳️
When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?
Correct Answer: D 🗳️
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
Correct Answer: D 🗳️
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