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Exam Code: 1z1-1081
Exam Name: Oracle Financial Consolidation and Close 2019 Implementation Essentials
Updated: Jul 21, 2026
Q & A: 86 Questions and Answers
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Oracle 1z1-1081 Certification Exam is known as the Oracle Financial Consolidation and Close 2019 Implementation Essentials Exam. 1z1-1081 exam is designed to test an individual’s knowledge and expertise in implementing financial consolidation and close solutions using Oracle’s financial products. Oracle Financial Consolidation and Close 2019 Implementation Essentials certification exam is highly relevant for professionals who operate within the finance sector and want to validate their knowledge of financial consolidation and closes.
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By passing the Oracle 1z1-1081 exam, professionals can demonstrate their ability to implement financial consolidation and close solutions using Oracle technologies, which can help them advance their careers and increase their credibility as experts in the field. Oracle Financial Consolidation and Close 2019 Implementation Essentials certification can also help organizations identify and hire qualified professionals who can help them optimize their financial consolidation and close processes using Oracle solutions.
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.
| Section | Objectives |
|---|---|
| Topic 1: Business Rules and Calculation Logic | - Rule execution and debugging - Calculation scripts and rule design |
| Topic 2: Close Process and Reporting | - Data validation and audit reporting - Financial reporting and Smart View - Period close process |
| Topic 3: Application Setup and Configuration | - Creating and configuring FCCS applications - User security and access setup - Managing periods, calendars, and entities |
| Topic 4: FCCS Overview and Architecture | - Financial consolidation process overview - Cloud EPM architecture concepts |
| Topic 5: Consolidation Process | - Intercompany eliminations - Consolidation rules and automation - Currency translation - Ownership and minority interest calculations |
| Topic 6: Data Integration and Loading | - Data Management and integration tools - Validation and reconciliation of loaded data - Data import formats and methods |
| Topic 7: Metadata and Dimensionality | - Account and entity dimension design - Metadata updates and validation - Custom dimensions and attributes |
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