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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2019 Implementation Essentials |
| Exam Number: | 1Z0-1081 |
| Available Languages: | English |
| Related Certifications: | Oracle Financial Consolidation and Close 2022/2024/2025 Implementation Professional Oracle Financial Consolidation and Close 2021 Certified Implementation Specialist |
| Exam Price: | $245 USD |
| Real Exam Qty: | 70 |
| Certificate Validity Period: | Valid until retired; Oracle Cloud certifications follow recertification policy |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Passing Score: | 63% |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle Financial Consolidation and Close Cloud Service Implementation Training |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or in-person at Pearson VUE authorized test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle EPM Cloud and FCC is strongly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-2019-implementation-essentials/pexam_1Z0-1081 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Consolidation and Close Overview | 10% | - Key features and use cases - Architecture and components |
| Topic 2: Advanced Consolidations | 15% | - Configurable calculations and rules - Ownership and statutory consolidation - Groovy rules and custom logic |
| Topic 3: Data Integration and Management | 15% | - Create mappings and load rules - Data Management setup - Run and schedule data loads |
| Topic 4: Manage Dimensions | 15% | - Account, Entity, Scenario, Currency dimensions - Assign security access - Import/modify members and hierarchies |
| Topic 5: Set Up and Run Consolidations | 18% | - Eliminations and adjustments - Consolidation process flow - Currency translation setup |
| Topic 6: Set Up the Business Process | 12% | - Define system settings - Create and configure application |
| Topic 7: Reporting, Security and Maintenance | 15% | - Audit, backup and migration - Create forms and reports - Security and valid intersections |
Oracle Financial Consolidation and Close 2019 Implementation Essentials is an official Oracle certification exam, identified by exam code 1z1-1081. Passing earns you the Oracle Financial Consolidation and Close 2019 Certified Implementation Specialist certification, classified at the Specialist level. It also connects with Oracle Financial Consolidation and Close 2021 Certified Implementation Specialist, Oracle Financial Consolidation and Close 2022/2024/2025 Implementation Professional, so it can serve as a stepping stone in a wider certification plan. In hiring, certificates work as a quick, quantitative standard, and this one tells employers your skills passed the vendor's own measurement.
Oracle Financial Consolidation and Close 2019 Implementation Essentials candidates answer 70 questions within 120 minutes. Efficiency under the clock is a trainable skill, not a talent: decide your per-question budget in advance, flag anything that threatens it, and keep moving. Running timed simulations in the ValidDumps test engine until you finish with time to spare is the most reliable way to make exam day feel controlled rather than rushed.
The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam requires 63% to pass, and official registration costs $245 USD. Since retakes bill the full $245 USD again, the economic argument for thorough preparation writes itself. Let the ValidDumps practice tests be your measuring stick: when your scores hold above the passing line across several consecutive sessions, the exam stops being a financial risk.
No mandatory prerequisites; hands-on experience with Oracle EPM Cloud and FCC is strongly recommended
Because vendors adjust their policies, verify the current requirements before registering on the official exam page.
Registration for Oracle Financial Consolidation and Close 2019 Implementation Essentials goes through the official channels below.
For planning purposes, note that the exam is delivered Online proctored or in-person at Pearson VUE authorized test centers.
Oracle recommends these training options for Oracle Financial Consolidation and Close 2019 Implementation Essentials candidates.
Whatever training path you take, finish it with question practice: the 86 items in the ValidDumps 1z1-1081 package are where knowledge turns into exam-day scoring ability.
Yes. ValidDumps provides a free PDF demo of the Oracle Financial Consolidation and Close 2019 Implementation Essentials questions, so you can evaluate the material before committing. After purchase, updates are free for 365 days, and when your product expires you can extend the update service at a 50% discount.
Your purchase is backed by a 100% money-back guarantee with transparent conditions. Take the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam within 60 days of purchase; if you fail, you qualify for a full refund, provided the exam matches your product. Attempts within 3 days of purchase do not qualify, and neither do downloaded-but-unused products, free materials, or expired orders; the candidate name must match the payer name. File with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead choose an exchange: two other exam products of equal value, free, while your original purchase keeps its update service.
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The Oracle Financial Consolidation and Close 2019 Implementation Essentials syllabus is organized into 7 domains, with the largest being Advanced Consolidations (15%), Financial Consolidation and Close Overview (10%), and Set Up the Business Process (12%). The complete breakdown appears in the topics section above; a clear classification of what the exam tests is the first step toward efficient preparation.
By default, security access is set to "None" for which three dimensions? (Choose three.)
Correct Answer: B,C,D 🗳️
Which statement correctly describes the Consolidation dimension?
Correct Answer: A 🗳️
A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)
Correct Answer: D,E 🗳️
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)?
(Choose two.)
Correct Answer: A,D 🗳️
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
Correct Answer: A,C,E 🗳️
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