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Last Updated: Oct 24, 2026
No. of Questions: 118 Questions & Answers with Testing Engine
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The Oracle Financial Consolidation and Close 2020 Implementation Essentials exam stands between you and a bigger career. PracticeMaterial removes the guesswork: 118+ Q&As covering the Oracle Financial Consolidation and Close 2020 Implementation Essentials objectives, daily checks for changes, and a written refund policy that keeps the risk on our side.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close 2020 Implementation Essentials |
| Exam Number: | 1Z0-1081-20 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Cloud Enterprise Performance Management (EPM) Certifications Oracle Financial Consolidation and Close Cloud Service Implementation Specialist |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Recommended Training: | Oracle Cloud EPM Learning Path Oracle University FCCS Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or onsite via Pearson VUE testing centers |
| Pre Condition: | Basic understanding of Oracle Cloud EPM and financial consolidation concepts is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Consolidation Process | - Close process management
|
| Security and Access Management | - User roles and provisioning
|
| Application Configuration | - Application settings
|
| Reporting and Analysis | - Financial reporting tools
|
| Data Integration and Loading | - Data import processes
|
| FCCS Overview and Architecture | - Oracle Cloud EPM Fundamentals
|
The Oracle Financial Consolidation and Close 2020 Implementation Essentials exam is split across 6 areas, with Reporting and Analysis, Data Integration and Loading, Security and Access Management carrying the most weight. Study in proportion to those shares — the full outline is in the section above this page.
The 1Z0-1081-20 exam is Oracle's official certification test — passing it earns the Oracle Financial Consolidation and Close Cloud Service Implementation Essentials credential at the Professional level. Its influence comes from how practical it is: employers use the Oracle Financial Consolidation and Close 2020 Implementation Essentials certificate as proof that you can do the work, not just talk about it. It also connects to Oracle Financial Consolidation and Close Cloud Service Implementation Specialist, Oracle Cloud Enterprise Performance Management (EPM) Certifications, giving the credential a natural next step.
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Registration is handled through Oracle's official channels:
Delivery of the exam itself is via Online proctored or onsite via Pearson VUE testing centers.
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Training covers the theory; the 118 practice questions for the 1Z0-1081-20 exam from PracticeMaterial test it under real exam conditions.
Basic understanding of Oracle Cloud EPM and financial consolidation concepts is recommended. These rules are set by Oracle and may change, so confirm the current requirements on the official exam page: https://education.oracle.com before registering for the Oracle Financial Consolidation and Close 2020 Implementation Essentials exam.
When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)
Correct Answer: C,D 🗳️
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
Correct Answer: C 🗳️
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
Which is true behavior of default FCCS_ members within an application?
Correct Answer: C 🗳️
Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?
Correct Answer: A 🗳️
You need to define a form that requires users to select the entity for which to view data from a list that includes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?
Correct Answer: C 🗳️
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
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