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Download Oracle : 1z1-983 Questions & Answers as PDF & Test Software

Last Updated: Jun 04, 2026

No. of Questions: 86 Questions & Answers with Testing Engine

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Oracle 1z1-983 Practice Q&A's

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Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials 1Z0-983 Exam

Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials 1Z0-983 Exam is related to Oracle Cloud Certification. This exam validates the Candidate knowledge in Financial Consolidation and Close Cloud 2017, identify deployment use cases, design and setup account dimension, explain currency dimension, create data forms, manage task types and templates. Financial Accountant, Financial Administrator, and Oracle Financials Cloud Consultants usually hold or pursue this certification and you can expect the same job role after completion of this certification.

How to study the 1Z0-983 Exam

There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. TestSimulate expert team recommends you to prepare some notes on these topics along with it don't forget to practice Oracle 1Z0-983 exam dumps which have been written by our expert team, Both these will help you a lot to clear this exam with good marks.

Oracle 1z1-983 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Explain System Dimensions and Pre-Seeded Members Including Requirements and Restrictions - Upgrade and Net New for Extra Customs
Topic 2
  • Set up Definitions for Import Format, Locations, Period Mappings, Category Mappings
  • Describe the Financial Consolidation and Close Processes
Topic 3
  • Explain Data Source Dimension and Guidelines for Adding Member Hierarchies
  • Describe Financial Consolidation and Close Cloud Related Components
Topic 4
  • Design Cash Flow Reporting, FX Calculations, and Currency Translation Adjustments Using Movement Dimension
Topic 5
  • Build integrations Across Systems and Services - Integrated EPM Business Processes, REST APIs
  • Creating a FCCS Application
Topic 6
  • Perform Batch Processing - Define Batch, Execute Batch, Schedule Job
  • Explain Consolidation Dimension, Currency Dimension
Topic 7
  • Describe the Workflow for Creating a Financial Consolidation and Close Application
  • Create a Financial Consolidation and Close Application
Topic 8
  • Manage Approval Process
  • Financial Close Manager Module
  • Set up Close Process
  • Manage Task Types and Templates
  • Manage Close Schedules
Topic 9
  • Design Application Framework (metadata and user-defined elements)
  • Design and Implement Importing and Exporting Metadata, Importing and Exporting Data
Topic 10
  • Set Up Financial Consolidation and Close Security, Valid Intersections for Data Dntry and Business Rules
Topic 11
  • Design and Set Up Entity Dimension, Intercompany Dimension
  • Design GAAP and IFRS Financial Reporting Using Multi-GAAP Dimension
Topic 12
  • Diagnose Anatomy of Converting Reporting Currencies as it Relates to Entity Currency and Parent Currency
  • Analyze Data Using ad hoc and Smart Forms
Topic 13
  • Financial Consolidation and Close Cloud Overview
  • Describe Use Cases for Data Management
Topic 14
  • Perform Administration Tasks: Predefine System Setting Profiles, Set Up Source Systems, Register Target Applications, Set Up Drill Through
Topic 15
  • Oracle EPM Cloud Foundation
  • Set Up and Configure Cloud Security
  • Build EPM Cloud Automation Routines - Job Scheduler, EPMAutomate
Topic 16
  • Perform Loading Data Tasks: Create Member Mappings, Define Data Load Rules, Run or Schedule Data Load Rules
  • Identify Deployment Use Cases
Topic 17
  • Describe Sequence of Events in Consolidation Process
  • Diagnose Data Flow of Consolidation Process and the Role of Consolidation Dimension
Topic 18
  • Diagnose Anatomy of Elimination Process and the Role of Intercompany Dimension
  • Explain Default Currency Translations for a Multi-Currency Application and Methods Applied

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-983

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