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  • Total Questions: 86
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Some candidates like to print, others prefer software, and many study on a phone. That is why Fast2test offers the 1z0-983 practice questions as a printable PDF, a desktop test engine that simulates the real exam environment, and an online test engine that runs in any browser — pick whichever fits the way you prepare for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials.

Oracle 1z0-983 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Exam Number:1Z0-983
Available Languages:English
Exam Duration:120 minutes
Related Certifications:Oracle Financial Consolidation and Close Cloud Service (FCCS)
Oracle EPM Cloud Certification
Certificate Validity Period:Oracle certifications are typically non-expiring for this legacy exam track (may vary by policy updates)
Passing Score:Approximately 60% - 65%
Real Exam Qty:Approximately 50 - 70
Exam Format:Multiple Response, Multiple Choice
Exam Price:USD 245 (varies by country/region)
Recommended Training:Oracle EPM Cloud Learning Path
Oracle University FCCS Training
Exam Registration:Pearson VUE Oracle Exams
Oracle Certification Portal
Sample Questions:Oracle 1z0-983 Sample Questions
Exam Way:Online proctored or Pearson VUE testing center (depending on Oracle certification delivery at the time of exam)
Pre Condition:Recommended experience with Oracle EPM Cloud and financial consolidation processes; no strict mandatory prerequisites officially stated for legacy exam version.
Official Syllabus URL:https://education.oracle.com

Oracle 1z0-983 Exam Syllabus Topics:

SectionObjectives
FCCS Overview and Architecture- Financial Consolidation and Close components
- Oracle EPM Cloud architecture concepts
Consolidation Process- Consolidation rules and calculations
- Currency translation and ownership structures
Reporting and Analysis- Smart View integration
- Financial reporting and dashboards
Intercompany and Eliminations- Intercompany matching and elimination logic
- Elimination business rules
Data Integration- Data loading methods (Data Management, Data Integration)
- Mapping and validation rules
Application Configuration- Metadata setup (accounts, entities, dimensions)
- Creating and configuring FCCS applications
Security and Administration- User roles and security provisioning
- Application administration tasks

Everything You Want to Know About the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials (1z0-983) Exam

The 1z0-983 exam, officially titled Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials, is the Oracle exam you pass to earn the Oracle Financial Consolidation and Close Cloud Service Implementation Specialist certification, a credential at the Professional level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle Financial Consolidation and Close Cloud Service (FCCS), Oracle EPM Cloud Certification.

The 1z0-983 exam includes Approximately 50 - 70 questions and gives you 120 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

The passing score for the 1z0-983 exam is Approximately 60% - 65%, and the official registration fee is USD 245 (varies by country/region). Keep in mind that a failed attempt means paying USD 245 (varies by country/region) again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

Oracle lists the following prerequisites or eligibility notes for the 1z0-983 exam: Recommended experience with Oracle EPM Cloud and financial consolidation processes; no strict mandatory prerequisites officially stated for legacy exam version.. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.

You can register for the 1z0-983 exam through the official channels below:

The exam is delivered in the following format: Online proctored or Pearson VUE testing center (depending on Oracle certification delivery at the time of exam). Choose a date that leaves you enough time to work through the full 86-question practice set first.

Oracle recommends the following training resources for 1z0-983 candidates:

Official courses build the theory, and the 86 practice questions from Fast2test help you turn that theory into exam-ready speed and accuracy.

Yes. Fast2test offers a free PDF demo of the 1z0-983 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 1z0-983 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

The 1z0-983 exam blueprint is divided into 7 domains, starting with Data Integration; Reporting and Analysis; Intercompany and Eliminations. For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials Sample Questions:

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

  • A. Account
  • B. Entity
  • C. From Currency
  • D. Currency
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)

  • A. dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
  • B. provide the ability to collaborate during close and analyse transaction detail in real time
  • C. leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
  • D. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
  • E. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?

  • A. load data to this account and make member formulas
  • B. Member Formulas cannot be created
  • C. create Member Formulas
  • D. load data to this account
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

  • A. USD must be created as a reporting currency.
  • B. Common Stock must have a Data Storage property set to Never Share.
  • C. The subsidiary must have a balance not equal to zero in Common Stock.
  • D. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
  • E. The subsidiary must have a parent entity with a GBP currency.
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)

  • A. Data Management
  • B. ERP r12
  • C. ERP Cloud
  • D. Supplemental Data
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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