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Exam Code: 1z1-983
Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Updated: Jul 13, 2026
Q & A: 86 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Consolidation and Close Cloud Overview | 10% | - Product overview and use cases - Data management overview |
| Topic 2: Dimensions & Modeling | 20% | - System dimensions and pre-seeded members - Entity, Intercompany, and Consolidation dimensions - Currency and Multi-GAAP dimensions - Movement dimension for cash flow and FX |
| Topic 3: EPM Cloud Foundation | 10% | - EPMAutomate and job scheduling - Cloud security setup and configuration |
| Topic 4: Application Creation & Framework | 15% | - Design application framework and metadata - Import/export metadata and data - Workflow for creating FCCS applications |
| Topic 5: Consolidation & Elimination | 15% | - Elimination and intercompany matching - Currency translation and adjustments - Consolidation process flow and logic |
| Topic 6: Data Integration & Management | 15% | - Source systems and target applications - Import formats, mappings, and data load rules - REST API and cross-system integrations - Batch processing and automation |
| Topic 7: Financial Close & Workflow | 10% | - Task templates, schedules, and approvals - Financial Close Manager configuration - Security and valid intersections |
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