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1Z0-1164-1 Exam

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Exam Code: 1Z0-1164-1

Exam Questions: 25

Oracle Fusion Cloud Applications EPM Process Essentials - Rel 1

Updated: 21 Feb, 2026

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Question 1

An irregularity is detected ina department's monthly forecasted expenses, significantly deviating from historical and predicted trends.Which option indicates the metric and/or Oracle EPM capability that supports investigating and explaining this deviation?

Options :

A : Prediction and anomaly insights

B : Comprehensive period closure

C : Rolling forecast versus predictions

D : Forecast variance and bias insights

Answer: A

Question 2

What is the outcome of a standardized reconciliation process?

Options :

A : Reconciliations that are completed only for primary business segments

B : Uniform and repeatable close validations for every cycle

C : Reconciliation steps that change with each reporting period unpredictably

Answer: B

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