1Z0-1081-24 exam dumps

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  • Exam Code: 1Z0-1081-24
  • Exam Name: Oracle Financial Consolidation and Close 2024 Implementation Professional
  • No. of Questions: 173 Questions and Answers
  • Updated: Jun 07, 2026

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

A) Name
B) Drill URL
C) Source Type
D) Description
E) Cloud Type


2. 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?

A) There is no way to do a prior period entry like this.
B) February should be consolidated, after which the cash at AceCo is now 65.
C) January should be consolidated for the change and nothing needs to happen for February.
D) January and February should be consolidated.


3. Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A) pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B) calculations, dashboards and reports built on planning frameworks to provide cash flow planning
C) calculations, dashboards and reports to provide analysis for cash flow modeling
D) calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow


4. Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)

A) FCCS_CashFlow_Operating movement member
B) FCCS_CashChange movement member
C) FCCS_CashFlow_Accounts Payable account member
D) FCCS_Accounts Payable account member
E) FCCS_Total Balance Sheet - Cash and NonCash account member


5. Once metadata
is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?

A) Impacted
B) Need Translate
C) OK
D) System Changed (SC)


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: C,E
Question # 5
Answer: D

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