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Oracle 1z1-983 exam is designed for individuals who are interested in obtaining a certification in the implementation of Oracle Financial Consolidation and Close Cloud Service 2017. 1z0-983 exam is tailored for those who want to demonstrate their expertise in this area and prove their ability to implement this service effectively. Oracle Financial Consolidation and Close Cloud Service 2017 is an essential tool for organizations who need to manage and reconcile financial data from multiple sources in a timely and accurate manner.
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The Oracle 1z0-983 exam consists of 70 multiple-choice questions that must be completed within 105 minutes. The questions cover various topics, including the setup and configuration of the Oracle Financial Consolidation and Close Cloud Service 2017, the creation of consolidation and close processes, and the management of dimensions and hierarchies. 1z0-983 exam also evaluates the candidate's knowledge of security and administration features of the Oracle Financial Consolidation and Close Cloud Service 2017.
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To pass the Oracle 1z1-983 exam, candidates must possess a strong understanding of financial consolidation and close processes, as well as hands-on experience with Oracle Financial Consolidation and Close Cloud Service 2017. 1z0-983 exam is comprised of 60 multiple-choice questions, and candidates will have 105 minutes to complete it. A passing score of 65% is required to earn the certification. Upon passing the exam, candidates will be awarded the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials certification, which validates their skills and knowledge in implementing financial consolidation and close solutions using Oracle technologies.
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| Section | Weight | Objectives |
|---|---|---|
| Financial Consolidation and Close Cloud Overview | 10% | - Data management overview - Product overview and use cases |
| Dimensions & Modeling | 20% | - Currency and Multi-GAAP dimensions - System dimensions and pre-seeded members - Entity, Intercompany, and Consolidation dimensions - Movement dimension for cash flow and FX |
| Financial Close & Workflow | 10% | - Task templates, schedules, and approvals - Security and valid intersections - Financial Close Manager configuration |
| Application Creation & Framework | 15% | - Import/export metadata and data - Design application framework and metadata - Workflow for creating FCCS applications |
| Data Integration & Management | 15% | - Source systems and target applications - REST API and cross-system integrations - Batch processing and automation - Import formats, mappings, and data load rules |
| Consolidation & Elimination | 15% | - Consolidation process flow and logic - Elimination and intercompany matching - Currency translation and adjustments |
| EPM Cloud Foundation | 10% | - EPMAutomate and job scheduling - Cloud security setup and configuration |
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