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

Exam Code: 1z1-983

Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials

Updated: Aug 23, 2026

Q & A: 86 Questions and Answers

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

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The benefit in Obtaining the 1Z0-983 Exam Certification

  • After completion of Oracle Cloud Certification candidates receive official confirmation from Oracle that you are now fully certified in their chosen field. This can be now added to their CV, cover letters and job applications.
  • Becoming Oracle Cloud means one thing you are worth more to the company and therefore more to yourself in the form of an upgraded pay package. On average an Oracle Cloud member of staff is estimated to be worth 30% more to a company than their uncertified professionals.
  • Candidates will get in-depth knowledge by completing the courses along with the access to revision materials for 6 months upon completion means they will have a wider skill set when it comes to the various technologies and systems than an uncertified professional. Certified Professional in this particular skill set is 74% more efficient when it comes to completing their tasks in a timely well-executed manner.
  • When Candidates applying for a job or looking to promotion in their current position, an Oracle Cloud certification in the field in which Candidates are applying will put you at the top of the list and make them a desirable candidate for employers.
  • Organization owners invest a lot in their employees when it comes to their training with the goal of making them quicker, more efficient, and more knowledgeable about their role. Certified Professional will reduce the time he spends on tasks, meaning he can get more done this could help reduce company downtime when repairing faults on a system or fixing hardware problems.

Certification Path

There is no prerequisite for this Oracle 1Z0-983 exam.

For more info visit:

Oracle 1Z0-983 Exam Reference

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

Oracle 1z1-983 Exam Syllabus Topics:

SectionObjectives
Close Process Management- Close Activities
  • 1. Supplemental data
  • 2. Task management
Journals and Adjustments- Journal Management
  • 1. Consolidation adjustments
  • 2. Journal templates
Set Up the Financial Consolidation and Close Business Process- Application Setup
  • 1. Run setup wizard
  • 2. Manage dimensions and metadata
  • 3. Configure system settings
Reporting and Analysis- Financial Reporting
  • 1. Reports and analysis
  • 2. Financial Reporting Studio
Application Lifecycle Management- Migration and Automation
  • 1. EPM Automate
  • 2. Backup and migration
  • 3. Lifecycle Management
Manage Dimensions- Dimension Maintenance
  • 1. Account dimension
  • 2. Scenario dimension
  • 3. Entity dimension
  • 4. Movement dimension
Set Up and Run Consolidations- Consolidation Processing
  • 1. Currency management
  • 2. Consolidation execution
  • 3. Translation rules
  • 4. Calculation status
Data Management and Integration- Load and Manage Data
  • 1. Import formats
  • 2. Data validation
  • 3. Mappings and locations
Financial Consolidation and Close Overview- Describe Financial Consolidation and Close features
  • 1. Application architecture
  • 2. Business process overview
Manage Security- Security Configuration
  • 1. Assign access to dimension members
  • 2. User provisioning

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