Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Financial Consolidation and Close Cloud
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Updated: Oct 24, 2026
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The exam room is short; the career after it is long. ExamPrepAway prepares you for both — 86 practice questions for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam that test the same knowledge the job will ask for later.
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 |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | Oracle Cloud certification version-based |
| Related Certifications: | Oracle Financial Consolidation and Close Cloud Service Certified Implementation Specialist |
| Exam Format: | Multiple Choice |
| Passing Score: | 64% |
| Available Languages: | English |
| Real Exam Qty: | 70 |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
Oracle 1z1-983 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Financial Reporting
|
| Topic 2: Manage Security | - Security Configuration
|
| Topic 3: Manage Dimensions | - Dimension Maintenance
|
| Topic 4: Data Management and Integration | - Load and Manage Data
|
| Topic 5: Set Up the Financial Consolidation and Close Business Process | - Application Setup
|
| Topic 6: Set Up and Run Consolidations | - Consolidation Processing
|
| Topic 7: Application Lifecycle Management | - Migration and Automation
|
| Topic 8: Financial Consolidation and Close Overview | - Describe Financial Consolidation and Close features
|
| Topic 9: Journals and Adjustments | - Journal Management
|
| Topic 10: Close Process Management | - Close Activities
|
1z1-983 Exam FAQ: Try It First
Pearson VUE testing center or Oracle-authorized online delivery (availability dependent on Oracle policy at the time of testing). Register for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam through these official channels:
After booking, ExamPrepAway delivers your practice questions within 1 minute — preparation starts the same day.
ExamPrepAway issues a full refund if you take the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam requires 64% to pass, and registration costs USD 245. A failed attempt means paying the same fee again — a readiness check with the ExamPrepAway engines before booking is the cheaper option.
The official Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials outline defines 10 domains. The leading three are Close Process Management, Journals and Adjustments, and Reporting and Analysis. The full list is in the topics section above, and ExamPrepAway's 86 practice questions cover each one.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam contains 70 to complete within 120 minutes. Timed simulation in the ExamPrepAway Desktop Test Engine teaches that rhythm before exam day does.
No formal prerequisite exam required. Oracle recommends hands-on implementation experience with Financial Consolidation and Close Cloud Service. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 86 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
The 1z1-983 exam is a Oracle certification exam validating the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Financial Consolidation and Close Cloud Service Certified Implementation Specialist. Earning it in 2026 demonstrates ability in a form employers recognize — and ExamPrepAway prepares candidates with 86 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Oracle recommends these training resources for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam:
Follow the training with steady self-testing — the 86 practice questions from ExamPrepAway help you apply theory and fill any gaps the training leaves.
Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials Sample Questions:
You have added a new task to a close schedule with a task due date past the defined end date of the schedule.
What is the result of the change?
- A. The new task will run outside of the schedule end date.
- B. The schedule end date changes to match the end date of the task.
- C. An error, you can't add a new task past the due date.
- D. The task will not run.
Correct Answer: A 🗳️
Which four sample ratios can be created during the application creation process? (Choose four.)
- A. Gross Margin
- B. Inventory Ratios
- C. Contribution Margin
- D. Days Sales in Receivables
- E. Earnings per Share
- F. Debt Ratio
Correct Answer: A,B,D,F 🗳️
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled.
Which statement is true?
- A. Data can be stored by intercompany partner but no eliminations will occur.
- B. An extra custom dimension will be available.
- C. The FCCS_No Intercompany member of the ICP dimension will be used for all data.
- D. The ICP dimension will be omitted.
Correct Answer: D 🗳️
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
- A. The current FCCS_CTA account balance does not change from the prior period
- B. A variance in the Average rate and the Ending rate
- C. Movement of FX impact for historical rate accounts to the FCCS_CTA account
- D. The account is FCCS_Net Income
Correct Answer: A 🗳️
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?
- A. Select Application, then Overview, then Actions, and then Import Data
- B. Select Application, then Overview, then Data, and then Export
- C. Select Dimensions, then Actions, and then Import Data
- D. Select Import, then Actions, and then Data
Correct Answer: A 🗳️
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