Oracle 1z1-983 : Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials

  • Exam Code: 1z1-983
  • Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
  • Updated: Aug 10, 2026
  • Q & A: 86 Questions and Answers

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About Oracle 1z1-983 Exam Questions

Who should take the 1Z0-983 exam

The Oracle 1Z0-983 Exam is an internationally recognized validation that identifies persons who earn it as possessing skilled in Oracle Cloud Certification. If candidates want significant improvement in career growth needs enhanced knowledge, skills, and talents. The Oracle Cloud certification provides proof of this advanced knowledge and skill. If a candidate has knowledge of associated technologies and skills that are required to pass the Oracle 1Z0-983 Exam then he should take this exam.

Oracle 1z1-983 Exam Syllabus Topics:

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

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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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.

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