Oracle Corporation is a prestigious organization that offers a multitude of software and hardware solutions that help enterprises to simplify and empower their businesses. Perhaps oracle is best known of its premier quality database software, the company also deals in servers, cloud solutions, engineered systems and storage services. Right now the Oracle is maintaining a large portfolio of customers in the world, approximately 430,000 customers are using the oracle products and services. Over the years, oracle has developed a career oriented certification program. This program is designed to certify candidate skills and knowledge related to oracle technologies and products. There are six oracle certification levels that are further divided into nine different categories. These Oracle certification categories are junior associate, associate, professional, and master, expert and specialist levels. Oracle certification has become a tangible benchmark of Oracle expertise and knowledge that can accelerate your career in the market and you can stand out in a crowd among employers.
What is Oracle 1Z0-1081-20 Exam?
Today we talk about Oracle 1Z0-1081-20 Exam or Oracle Financial Consolidation and Close 2020 Implementation Essentials that is designed to validate candidate skills and knowledge with Oracle Financial Consolidation and Close 2020 Implementation Essentials. This exam offers multiple career and personal benefits for their certificate holder.
In the following table you will find the complete general information about the Oracle 1Z0-1081-20 Exam that will surely help you to pass the Oracle exam easily.
|Exam Name||Oracle Financial Consolidation and Close 2020 Implementation Essentials|
|Exam Duration||120 Minutes|
|Number of Questions||70|
|Technology||Oracle Financial Consolidation and Close Cloud Service.|
Topics that will cover in Oracle 1Z0-1081-20 Exam
To pass the Oracle 1Z0-1081-20 Exam is not easy task. You have to struggle hard and put some extra time, efforts and money to pass this challenging exam. With the complete information about exam topics, exam questions, percentage of topics that will come in the exam and perfect preparation methods will greatly ace your Oracle 1Z0-1081-20 Exam. For your understanding in the following lines a complete detail of topics are given.
Financial Consolidation and Close Overview – In this chapter of Oracle 1Z0-1081-20 Exam you will learn to identify the different deployment cases. What are different deployment use cases and how to identify these deployment cases? Describe in details about financial consolidation and close features of financial consolidation.
Set up the Financial Consolidation and Close Business Process – In this chapter of Oracle Cloud Certification Exam you will learn to describe the FCC setup options, extended dimensionality and how to run the setup wizard for the FCC business process. Describe the FCC security roles and how to add users and assign the different security roles.
Manage Dimensions – In this chapter of Oracle Financial Consolidation and Close 2020 Implementation Essentials exam you will learn to describe the different system dimensions, restrictions for modifying seeded members, entity, member properties for the account. How to add and edit members using the simplified dimension editor? Creation of alternate hierarchies and import of members from a file, add currencies, add cash flow hierarchy and assign security access to dimension members are also part of the manage dimensions sections.
Integrate Data from Source Systems Using Data Management – In this section you will learn to describe the use cases for data management. How to configure system setting profiles, setup source systems, registration of target applications and creation of import formats, periods mappings, locations and category mappings are included. You will also learn to run data loads successfully.
Set Up and Run Consolidations – In this section you will develop your skills and knowledge to work on consolidation process such as to consolidate, eliminate and translate the set up and run consolidations process. How to closing balance calculation in the movement dimension and enter exchange rates and historical override anounts and rates? Explain the calculation statuses of entities and view calculation status and how to translate data to reporting currencies.
How to set up advanced consolidations, managing business process data, build out your financial consolidation and close solution and design reports are also part of Oracle 1Z0-1081-20 Exam.
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