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Updated: Sep 01, 2026
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Oracle 1Z0-1081-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2024 Implementation Professional |
| Exam Number: | 1Z0-1081-24 |
| Passing Score: | 68% |
| Related Certifications: | Oracle Financial Consolidation and Close 2025 Implementation Professional |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Scenario-based |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 55 |
| Available Languages: | English |
| Recommended Training: | Become a Certified FCC Implementer |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | Oracle 1Z0-1081-24 Sample Questions |
| Exam Way: | Online proctored or Pearson VUE testing center |
| Pre Condition: | No mandatory prerequisites; recommended experience in financial consolidation processes and Oracle EPM implementation |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2024-implementation-professional/pexam_1Z0-1081-24 |
Oracle 1Z0-1081-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Close Management | 24% | - Close process setup
|
| Topic 2: Application Setup and Configuration | 28% | - Application creation and configuration
|
| Topic 3: Consolidation Rules and Eliminations | 26% | - Consolidation logic and methods
|
| Topic 4: Data Integration and Reporting | 22% | - Data loading and integration
|
Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
Question 1
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
A. when the tasks are repeatable over multiple close cycles
B. when the tasks are often late in completion and they need to be monitored more closely
C. when the tasks require multiple levels of approvers
D. when the tasks require consistent definition across close schedules
Question 2
Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?
A. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
B. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
Question 3
What are
two important first steps in initially setting up Task Manager?
A. Create a schedule and set it to Open status.
B. Assign tasks to users.
C. Define system settings such as Organization units, Holiday rules and Task attachment size.
D. Set up Users.
Question 4
Which four items are included in the Currency dimension? (Choose four.)
A. Parent Currency
B. Input Currencies
C. Entity Currency
D. Journal Input Currencies
E. Reporting Currencies
F. Default Currency
Question 5
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
A. Intercompany Plug Accounts
B. Elimination Consolidation Dimension member
C. Intercompany Partners
D. Intercompany Accounts
Solutions:
| Question 1 Answer: A | Question 2 Answer: D | Question 3 Answer: C,D | Question 4 Answer: B,C,D,E | Question 5 Answer: C |
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