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Oracle 1Z0-1081-20 certification exam covers a range of topics related to financial consolidation and close processes, including the configuration of roles and permissions, the creation of consolidation rules, the setup of data integration and mapping, the management of the consolidation process, and the generation of financial reports. Candidates will be evaluated on their ability to configure and manage Oracle Financial Consolidation and Close 2020, as well as their knowledge of best practices and industry standards for financial consolidation and close processes. Passing 1Z0-1081-20 exam is an excellent way to demonstrate your expertise in this area and enhance your career opportunities in the financial industry.

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Oracle 1Z0-1081-20 exam is part of the Oracle Certification program, which offers a range of certifications for IT professionals. The Oracle Certification program provides a reliable and recognized validation of skills and knowledge, which can help individuals advance their careers and gain credibility in the industry. The Oracle 1Z0-1081-20 exam is a prerequisite for the Oracle Financial Consolidation and Close Cloud Service 2020 Certified Implementation Specialist certification.

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

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The Oracle 1Z0-1081-20 exam is intended for professionals who are responsible for implementing Oracle Financial Consolidation and Close Cloud Service in their organization. This includes consultants, IT professionals, and application administrators who are familiar with financial consolidation and close processes. Candidates are required to have a good understanding of financial concepts, such as ledger accounts, journal entries, and financial statements.

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Oracle 1Z0-1081-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Translation and Reporting- Customize translation using rules and rate accounts
- Design financial reports in Financial Reporting Studio
Topic 2: Dimension and Data Management- Import members, define mappings and load rules
- Manage supplemental data and alternate hierarchies
Topic 3: Adjustments and Ownership- Use equity pickup and ownership management
- Create consolidation adjustments
Topic 4: Consolidation and Close Processes- Automate tasks using EPM Automate
- Set up and run consolidations
Topic 5: Setup and Configuration- Configure system setting profiles and source/target applications
- Assign security access to dimension members

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