Compared with the cost of training institutions, self-paced preparation with the right bank is affordable, current, and effective. Lead2Passed's 1z1-983 materials save both your time and your money — 86+ Q&As covering the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials objectives, delivered instantly.
Oracle 1z1-983 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-983 |
| Certificate Validity Period: | Oracle Cloud certification version-based |
| Exam Price: | USD 245 |
| Passing Score: | 64% |
| Real Exam Qty: | 70 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Financial Consolidation and Close Cloud Service Certified Implementation Specialist |
| 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 |
|---|---|
| Set Up and Run Consolidations | - Consolidation Processing
|
| Journals and Adjustments | - Journal Management
|
| Manage Security | - Security Configuration
|
| Financial Consolidation and Close Overview | - Describe Financial Consolidation and Close features
|
| Manage Dimensions | - Dimension Maintenance
|
| Close Process Management | - Close Activities
|
| Set Up the Financial Consolidation and Close Business Process | - Application Setup
|
| Data Management and Integration | - Load and Manage Data
|
| Application Lifecycle Management | - Migration and Automation
|
| Reporting and Analysis | - Financial Reporting
|
Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials Questions, Straight Answers
According to the latest exam information, the 1z1-983 exam contains 70 questions and runs for 120 minutes minutes. Simulating that exact limit in practice builds the pacing a tough exam demands.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials blueprint centers on these domains:
- Set Up the Financial Consolidation and Close Business Process
- Data Management and Integration
- Manage Security
Further domains complete the official outline — the question bank covers every one.
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A team of IT experts and certified trainers with rich experience in the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials field writes it — and keeps it honest. Every answer is expert-verified, the content is checked continuously for updates, and each new 1z1-983 version is emailed to you free for 365 days. Compared with training institutions, the bank is affordable and self-paced; compared with guesswork, it is systematic. Download the free demo first, and if anything goes wrong — even a simple downloading problem — 24/7 customer assistance is one message away.
Oracle states the following prerequisites for the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials: No formal prerequisite exam required. Oracle recommends hands-on implementation experience with Financial Consolidation and Close Cloud Service..
Confirm the current requirements on the official certification page before you register.
Currently, the 1z1-983 exam requires a passing score of 64%, with a registration fee of USD 245. Oracle sets both figures, so verify the latest on the official site before scheduling.
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Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials Sample Questions:
Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)
- A. Description
- B. Drill URL
- C. Source Type
- D. Cloud Type
- E. Name
Correct Answer: A,C,E 🗳️
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?
- A. Day -3 to Day 4
- B. Day -2 to Day 4
- C. Day 1 to Day 7
- D. Day -3 to Day 3
Correct Answer: C 🗳️
Which statement is true regarding Data Management categories?
- A. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
- B. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
- C. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
- D. Application mapping is not required if the global mapping target category is exactly correct.
Correct Answer: C 🗳️
Which statement is FALSE when setting up Shared Entities?
- A. You build an alternate hierarchy by using partial share Entity members.
- B. The calculation status will not change in all instances when data is changed in one instance.
- C. The Data Storage Member Property must set to "Dynamic Calc".
- D. When data is posted to one shared entity, the data is posted to all instances.
Correct Answer: C 🗳️
Which statement correctly describes what happens to parent entities during consolidation?
- A. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
- B. The changes in the relational database are synced to the underlying Essbase cube.
- C. The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
- D. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
Correct Answer: C 🗳️
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