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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-983 |
| Related Certifications: | Oracle Financial Consolidation and Close Cloud Service Certified Implementation Specialist |
| Exam Format: | Multiple Choice |
| Exam Price: | USD 245 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 70 |
| Certificate Validity Period: | Oracle Cloud certification version-based |
| Passing Score: | 64% |
| Sample Questions: | ![]() |
| Exam Way: | Pearson VUE testing center or Oracle-authorized online delivery (availability dependent on Oracle policy at the time of testing). |
| Pre Condition: | No formal prerequisite exam required. Oracle recommends hands-on implementation experience with Financial Consolidation and Close Cloud Service. |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Topic 1: Application Lifecycle Management | - Migration and Automation
|
| Topic 2: Financial Consolidation and Close Overview | - Describe Financial Consolidation and Close features
|
| Topic 3: Manage Dimensions | - Dimension Maintenance
|
| Topic 4: Set Up the Financial Consolidation and Close Business Process | - Application Setup
|
| Topic 5: Close Process Management | - Close Activities
|
| Topic 6: Set Up and Run Consolidations | - Consolidation Processing
|
| Topic 7: Data Management and Integration | - Load and Manage Data
|
| Topic 8: Reporting and Analysis | - Financial Reporting
|
| Topic 9: Manage Security | - Security Configuration
|
| Topic 10: Journals and Adjustments | - Journal Management
|
The current exam information lists 70 questions for the 1z0-983 exam, with 120 minutes minutes allowed. Practicing against the clock at home builds the pacing habits that exam day rewards.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials blueprint covers these main domains:
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Oracle lists the following prerequisites for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials: No formal prerequisite exam required. Oracle recommends hands-on implementation experience with Financial Consolidation and Close Cloud Service..
Check the official certification page for the latest requirements before booking.
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As of the latest information, the 1z0-983 exam requires a score of 64% to pass, and registration costs USD 245. Oracle sets both figures, so verify them on the official site when you book.
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When enabling Multi-GAAP during application creation, which additional option is available?
Correct Answer: C 🗳️
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
Correct Answer: A,D 🗳️
Which dimension includes the FCCS_Global Assumption member that is used to store currency information?
Correct Answer: B 🗳️
UESTION NO: 64
An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)
Correct Answer: B,D 🗳️
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
Correct Answer: C 🗳️
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