Oracle 1z1-983 exam is designed to test the knowledge and skills of professionals who are responsible for managing and implementing Oracle Financial Consolidation and Close Cloud Service 2017. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification exam evaluates the advanced-level understanding of the Oracle FCCS, financial reporting, and consolidation principles, which is required to implement and configure the service in an enterprise-level organization.
Passing the Oracle 1z1-983 exam is essential for professionals who want to showcase their expertise in implementing and managing financial consolidation and close processes using the Oracle Financial Consolidation and Close Cloud Service 2017. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification can help professionals advance their careers, gain recognition in their field, and increase their earning potential. To prepare for the exam, candidates can take advantage of various study materials, such as online courses, practice tests, and exam guides, to ensure their success.
Oracle 1z1-983 certification exam covers a wide range of topics, including financial consolidation, close processes, data integration, financial reporting, and more. It tests the candidate’s knowledge and skills in implementing and managing Oracle Financial Consolidation and Close Cloud Service. 1z1-983 exam consists of 65 multiple-choice questions and has a duration of 105 minutes. To pass the exam, candidates need to score at least 68%.
Oracle 1z1-983 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-983 |
| Exam Price: | USD $245 |
| Passing Score: | 64% |
| Related Certifications: | Oracle Enterprise Performance Management (EPM) Cloud Certifications Oracle Cloud Implementation Specialist Certifications |
| Certificate Validity Period: | Retired, no active validity; previously perpetual |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Real Exam Qty: | 70 |
| Recommended Training: | Oracle University: Financial Consolidation and Close Cloud Service Implementation |
| Exam Registration: | Pearson VUE Oracle Education |
| Sample Questions: | Oracle 1z1-983 Sample Questions |
| Exam Way: | In-person at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; recommended 6+ months hands-on experience with FCCS |
| Official Syllabus URL: | https://education.oracle.com/oracle-financial-consolidation-and-close-cloud-service-2017-implementation-essentials/trackp_1Z0-983 |
Oracle 1z1-983 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Data Integration & Management | 15% | - Import formats, mappings, and data load rules - Source systems and target applications - Batch processing and automation - REST API and cross-system integrations |
| Consolidation & Elimination | 15% | - Elimination and intercompany matching - Currency translation and adjustments - Consolidation process flow and logic |
| Financial Consolidation and Close Cloud Overview | 10% | - Product overview and use cases - Data management overview |
| Application Creation & Framework | 15% | - Design application framework and metadata - Import/export metadata and data - Workflow for creating FCCS applications |
| Dimensions & Modeling | 20% | - System dimensions and pre-seeded members - Entity, Intercompany, and Consolidation dimensions - Currency and Multi-GAAP dimensions - Movement dimension for cash flow and FX |
| EPM Cloud Foundation | 10% | - Cloud security setup and configuration - EPMAutomate and job scheduling |
| Financial Close & Workflow | 10% | - Task templates, schedules, and approvals - Financial Close Manager configuration - Security and valid intersections |
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