Oracle 1Z0-1081-20 : Oracle Financial Consolidation and Close 2020 Implementation Essentials

Exam Code: 1Z0-1081-20
Exam Name: Oracle Financial Consolidation and Close 2020 Implementation Essentials
Updated: Jul 14, 2026
Q & A: 118 Questions and Answers

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Oracle 1Z0-1081-20 Exam Syllabus Topics:

Topic	Details
Topic 1	Automate repetitive tasks using EPM Automate Set Up and Run Consolidations Identify deployment use cases
Topic 2	Manage data collection using Supplemental Data Create journals and journal templates Create alternate hierarchies
Topic 3	Configure system setting profiles, set up source systems, register target applications Assign security access to dimension members
Topic 4	Create member mappings and define data load rules Manage the close process using Task Manager Translate data to reporting currencies
Topic 5	Create import formats, locations, period mappings, and category mappings Add members to the Movement dimension and cash flow hierarchy
Topic 6	Audit changes to the application and data Explain the Closing Balance calculation in the Movement dimension Design financial reports in Financial Reporting Studio
Topic 7	Configure the default translation method and default rate accounts Add and edit members using the Simplified Dimension Editor
Topic 8	Set Up the Financial Consolidation and Close Business Process Explain the calculation statuses for entities
Topic 9	Build Out Your Financial Consolidation and Close Solution Enter exchange rates and historical override rates and amounts
Topic 10	Configure statutory consolidations using Ownership Management and Consolidation Methods Import members from a file
Topic 11	Customize the translation process using translation rules and custom rate accounts Add currencies to the Currency dimension
Topic 12	Create equity pickup adjustments using the Equity Pickup feature Describe the restrictions for modifying seeded members

Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2020-implementation-essentials/pexam_1Z0-1081-20

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