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Oracle Financial Consolidation and Close 2022 Implementation Professional {1Z0-1081-22} Pdf Questions

Oracle Financial Consolidation and Close 2022 Implementation Professional {1Z0-1081-22} Pdf Questions

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Oracle

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06, Feb 2023

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Are you looking for Oracle Financial Consolidation and Close Implementation Professional exam questions or dumps to clear your exam in 1st attempt? you have reached to right exam questions website!

 

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Oracle Financial Consolidation and Close Implementation Professional Exam Syllabus:

Financial Consolidation and Close Overview

  • Describe Financial Consolidation and Close features

Set Up the Financial Consolidation and Close Business Process

  • Run the setup wizard for the FCC business process
  • Add users and assign security roles
  • Describe Period and Movement as Dense dimensions (DSO)

Manage Dimensions

  • Describe the Account, Entity, and Scenario dimensions
  • Add and edit members using the Simplified Dimension Editor
  • Import members from a file
  • Add members to the Currency and Movement dimensions
  • Assign security access to dimension members

Set Up and Run Consolidations

  • Explain the consolidation process (translate, eliminate. consolidate) and closing balance calculation
  • Enter exchange rates and historical override rates and amounts
  • Configure the default translation method and default rate accounts
  • Explain the calculation statuses for entities
  • Run consolidation
  • Translate data to reporting currencies
  • Explain Intercompany Entity Aggregation Options
  • Configure Opening and Closing Balance System Rules

Set Up Advanced Consolidations

  • Customize the translation process using translation rules and custom rate accounts
  • Create custom consolidation calculations with Configurable Calculations and On Demand Rules
  • Configure statutory consolidations using Ownership Management and Consolidation Methods
  • Create consolidation adjustments with Configurable Consolidation Rules
  • Describe Groovy Rules

Build Out Your Financial Consolidation and Close Solution

  • Describe valid and invalid intersection rules
  • Create data forms
  • Manage the close process using Task Manager
  • Manage data collection using Supplemental Data
  • Define custom navigation flows

Manage Journals

  • Create consolidation journals and consolidation journal templates
  • Create and Manage Enterprise Journals

Manage Approvals

  • Explain the approval process for entities
  • Set up the approval process
  • Explain approval groups and phased submissions
  • Define and edit approval groups
  • Assign approval groups to an approval unit hierarchy

Managing Business Process Data

  • Import and export; copy and clear data
  • Audit changes to the application and data
  • Back up and migrate data and metadata
  • Automate repetitive tasks using EPM Automate
  • Cloning FCC environments

Design Reports and Dashboards

  • Create journal, intercompany, and consolidation reports
  • Create and run financial reports
  • Create Dashboards

Loading Data Using Data Integration

  • Register and edit application details
  • Set up integration prerequisites
  • Create, edit, and run integrations
  • View integrations in Workbench

 

Official Oracle Financial Consolidation and Close Implementation Professional Exam Details:

Exam Name: Oracle Financial Consolidation and Close Implementation Professional 

Exam Duration: 90 minutes

Passing Marks: 66%

 

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