- Exam Code: 1z0-983
- Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
- Updated: Sep 17, 2026
- Q & A: 86 Questions and Answers
From a free demo to 365 days of free updates, Actual4Dumps covers every stage of your 1z0-983 preparation in one place. Study the 86 practice questions for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials and book your exam date with confidence.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-983 |
| Passing Score: | 64% |
| Certificate Validity Period: | Retired, no active validity; previously perpetual |
| Exam Price: | USD $245 |
| Available Languages: | English |
| Real Exam Qty: | 70 |
| Related Certifications: | Oracle Enterprise Performance Management (EPM) Cloud Certifications Oracle Cloud Implementation Specialist Certifications |
| Exam Format: | Multiple Choice |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle University: Financial Consolidation and Close Cloud Service Implementation |
| Exam Registration: | Oracle Education Pearson VUE |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Financial Close & Workflow | 10% | - Financial Close Manager configuration - Security and valid intersections - Task templates, schedules, and approvals |
| Financial Consolidation and Close Cloud Overview | 10% | - Product overview and use cases - Data management overview |
| Consolidation & Elimination | 15% | - Elimination and intercompany matching - Currency translation and adjustments - Consolidation process flow and logic |
| Dimensions & Modeling | 20% | - Currency and Multi-GAAP dimensions - System dimensions and pre-seeded members - Movement dimension for cash flow and FX - Entity, Intercompany, and Consolidation dimensions |
| EPM Cloud Foundation | 10% | - Cloud security setup and configuration - EPMAutomate and job scheduling |
| Application Creation & Framework | 15% | - Design application framework and metadata - Import/export metadata and data - Workflow for creating FCCS applications |
| Data Integration & Management | 15% | - Source systems and target applications - Batch processing and automation - REST API and cross-system integrations - Import formats, mappings, and data load rules |
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials is the official Oracle exam that leads to the Oracle Financial Consolidation and Close Cloud Service 2017 Certified Implementation Specialist certification at the Specialist level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle Enterprise Performance Management (EPM) Cloud Certifications, Oracle Cloud Implementation Specialist Certifications, so it can serve as a solid step in a broader certification path.
The 1z0-983 exam has 70 questions in total and must be completed within 120 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the Actual4Dumps desktop or online test engine under the same 120 minutes limit, and repeat until you can finish with a few minutes left for review.
The passing score for the 1z0-983 exam is 64%, and the official registration fee is USD $245. Keep in mind that a failed attempt is not discounted — retaking the exam means paying the full fee again — so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 86 questions at Actual4Dumps in timed mode is a reliable way to judge when you are truly ready.
Oracle sets the following requirement for the 1z0-983 exam: No mandatory prerequisites; recommended 6+ months hands-on experience with FCCS. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/oracle-financial-consolidation-and-close-cloud-service-2017-implementation-essentials/trackp_1Z0-983 before you register.
You can register for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials through the following official channels:
The 1z0-983 exam is delivered as In-person at Pearson VUE centers or online proctored, so review the technical and check-in requirements for that format when you schedule your appointment.
Oracle recommends the following official training options for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials:
Official courses build the theory, and pairing them with the 86 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.
Yes. Actual4Dumps offers a free PDF demo for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates — whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.
If you take the 1z0-983 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. To qualify, submit a scanned copy of your exam enrollment slip together with your official Score Report (PDF) within 2 days after the exam date, and your claim will be processed within 7 days. Note that the guarantee applies only to the corresponding exam: attempts taken within 3 days of purchase, downloaded-but-unused materials, free resources, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not refund, you can exchange the product for two free exam products of equal value while keeping the update service on your original purchase.
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The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials is organized into 7 domains. Among the first ones are Consolidation & Elimination (15%), Financial Consolidation and Close Cloud Overview (10%), Application Creation & Framework (15%), and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1z0-983 exam outline above on this page.
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)
Correct Answer: A,D 🗳️
Three child entities - P, Q, and R - of a mid-level parent entity - AceCo - have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?
Correct Answer: A 🗳️
Which two statements are correct with regard to Data Management locations? (Choose two.)
Correct Answer: D,E 🗳️

PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?
Correct Answer: D 🗳️
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
Correct Answer: C 🗳️
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