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Certification Provider:	Oracle
Exam Code / Number:	1z1-983
Exam Name:	Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Exam Questions:	86
Last Updated:	Jun 21, 2026
Corresponding Certification:	Financial Consolidation and Close Cloud

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Oracle 1z1-983 certification exam is designed to test the knowledge and skills of professionals who plan to implement Oracle Financial Consolidation and Close Cloud Service 2017. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification demonstrates that the holder is proficient in implementing and configuring the Oracle Financial Consolidation and Close Cloud Service 2017, which is a cloud-based solution that enables the consolidation and close processes of an organization. 1z1-983 exam is intended for consultants, administrators, and implementation specialists who work with Oracle Financial Consolidation and Close Cloud Service 2017.

Oracle 1z1-983 Exam Syllabus Topics:

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

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 certification is beneficial for professionals who aspire to work as financial analysts, financial managers, financial consultants, or financial administrators. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification is recognized globally and is highly valued by organizations that use Oracle Financial Consolidation and Close Cloud Service. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification validates the skills and knowledge of individuals in implementing Oracle Financial Consolidation and Close Cloud Service and demonstrates their commitment to professional development.

Oracle 1z1-983 exam consists of 60 multiple-choice questions that must be completed within 105 minutes. 1z1-983 exam covers a range of topics including Oracle Financial Consolidation and Close Cloud Service architecture, data integration, and data modeling. It also covers best practices for financial consolidation and close processes, as well as how to configure and maintain Oracle Financial Consolidation and Close Cloud Service.

Oracle 1z1-983 exam is a valuable certification for professionals who want to enhance their skills and demonstrate their expertise in financial consolidation and close processes. Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification can help individuals advance their careers and increase their earning potential. Additionally, organizations can benefit from having certified professionals on their team who can effectively manage and implement Oracle Financial Consolidation and Close Cloud Service 2017.