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Oracle Financial Consolidation and Close Cloud Service 1z1-1081

1z1-1081

Exam Code: 1z1-1081

Exam Name: Oracle Financial Consolidation and Close 2019 Implementation Essentials

Updated: Sep 03, 2026

Q&A Number: 86 Q&As

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About Oracle 1z1-1081 Exam Braindumps

Booking the 1z1-1081 exam is an investment, and a failed attempt means paying the registration fee all over again. With 86 practice questions from Getcertkey, you walk into the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam knowing exactly where you stand.

Oracle 1z1-1081 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financial Consolidation and Close 2019 Implementation Essentials
Exam Number:1Z0-1081
Exam Duration:120 minutes
Related Certifications:Oracle Financial Consolidation and Close Cloud Service Specialist
Oracle Cloud EPM Certification
Exam Price:USD 245 (varies by region)
Exam Format:Multiple Choice, Multiple Response
Certificate Validity Period:18 months
Passing Score:Not publicly disclosed
Available Languages:English
Real Exam Qty:55-75
Recommended Training:Oracle Cloud EPM Learning Subscription
Oracle University FCCS Training
Exam Registration:Oracle Certification Portal
Pearson VUE Oracle Exams
Sample Questions:Free Download 1z1-1081 Demo
Exam Way:Online proctored or test center (Pearson VUE)
Pre Condition:Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required
Official Syllabus URL:https://education.oracle.com

Oracle 1z1-1081 Exam Syllabus Topics:

SectionObjectives
Metadata and Dimensionality- Account and entity dimension design
- Metadata updates and validation
- Custom dimensions and attributes
Data Integration and Loading- Validation and reconciliation of loaded data
- Data Management and integration tools
- Data import formats and methods
Application Setup and Configuration- User security and access setup
- Creating and configuring FCCS applications
- Managing periods, calendars, and entities
Close Process and Reporting- Data validation and audit reporting
- Financial reporting and Smart View
- Period close process
FCCS Overview and Architecture- Financial consolidation process overview
- Cloud EPM architecture concepts
Consolidation Process- Intercompany eliminations
- Currency translation
- Consolidation rules and automation
- Ownership and minority interest calculations
Business Rules and Calculation Logic- Calculation scripts and rule design
- Rule execution and debugging

Oracle Financial Consolidation and Close 2019 Implementation Essentials Exam FAQ: What Candidates Ask Most

What is the Oracle 1z1-1081 exam?

The 1z1-1081 exam is the official Oracle exam behind the Oracle Financial Consolidation and Close Cloud Service (FCCS) Implementation certification, validating the skills measured by the Oracle Financial Consolidation and Close 2019 Implementation Essentials credential. It sits at the Professional level of the Oracle certification program. It also connects to Oracle Cloud EPM Certification, Oracle Financial Consolidation and Close Cloud Service Specialist, so the knowledge you build here carries over to those tracks as well.

How many questions are on the 1z1-1081 exam, and how much time do I get?

The 1z1-1081 exam contains 55-75 questions to be completed within 120 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.

What score do I need to pass the 1z1-1081 exam, and what does it cost?

The passing score for the 1z1-1081 exam is Not publicly disclosed, and the official registration fee is USD 245 (varies by region). Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 86 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.

Are there any prerequisites for the 1z1-1081 exam?

Recommended knowledge of Oracle EPM Cloud and financial consolidation concepts; no mandatory prerequisite exam required Requirements can change when Oracle revises its certification program, so confirm the current eligibility rules on the official exam page before you register.

How do I register for the 1z1-1081 exam?

You can book the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam through the official registration channels below:

As for delivery, the exam is offered in the following format: Online proctored or test center (Pearson VUE). Choose the option that suits you best when you book your seat.

What official training is recommended for the 1z1-1081 exam?

Oracle recommends the following training resources for the Oracle Financial Consolidation and Close 2019 Implementation Essentials exam:

Official courses build the foundation; the 86 practice questions from Getcertkey then show you how that knowledge is examined, so the two work best together.

Can I try the 1z1-1081 practice questions before I buy?

Yes. Getcertkey provides a free 1z1-1081 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if Oracle revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.

What if I fail the 1z1-1081 exam, and how is my order delivered?

Every Oracle Financial Consolidation and Close 2019 Implementation Essentials purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.

Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.

What topics are covered in the 1z1-1081 exam?

The Oracle Financial Consolidation and Close 2019 Implementation Essentials exam blueprint is organized into 7 domains. The first three are:

  • Metadata and Dimensionality
  • Application Setup and Configuration
  • Close Process and Reporting

For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.

Oracle Financial Consolidation and Close 2019 Implementation Essentials Sample Questions:

Question 1

A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?

A. Disconnect from the Smart View connection, and relog in.
B. Close out of Excel, and relog in to Smart View.
C. Activate the Connection.
D. Change one of the Row or Column dimension members and click Refresh.


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 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.
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 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D. 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.


Question 3

Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)

A. FCCS_No Data Source
B. FCCS_PCON
C. FCCS_Journal Input
D. FCCS_Intercompany Eliminations


Question 4

When creating a member mapping for account Sales in Data Management, the following script is entered.
UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?

A. The script will work if the script is referenced in the In mapping type with #SQL as the target.
B. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
C. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
D. The script will not work since the UD5 member referenced does not start with FCCS_
E. The script will not work since Data Management does not support scripting.


Question 5

On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?

A. the first and third Friday of each month; first Friday for TEST and third Friday for PROD
B. the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
C. the third Friday of each month to apply to both TEST and PROD simultaneously
D. the first and third Monday of each month; first Monday for TEST and third Monday for PROD


Solutions:

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

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