Exam Name: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Financial Consolidation and Close Cloud
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Oracle 1z1-983 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Data Management and Integration | - Load and Manage Data
|
| Financial Consolidation and Close Overview | - Describe Financial Consolidation and Close features
|
| Close Process Management | - Close Activities
|
| Reporting and Analysis | - Financial Reporting
|
| Application Lifecycle Management | - Migration and Automation
|
| Set Up the Financial Consolidation and Close Business Process | - Application Setup
|
| Manage Security | - Security Configuration
|
| Journals and Adjustments | - Journal Management
|
| Set Up and Run Consolidations | - Consolidation Processing
|
| Manage Dimensions | - Dimension Maintenance
|
Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials: The Questions Everyone Asks First
Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials is an official Oracle exam, registered under exam code 1z1-983. Passing it earns the Financial Consolidation and Close Cloud certification at the Implementation Specialist level. It also links to Oracle Financial Consolidation and Close Cloud Service Certified Implementation Specialist. As an internationally recognized capacity standard, this credential speaks for your ability wherever your career takes you.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials syllabus comprises 10 official domains. The heaviest include Close Process Management, Reporting and Analysis, and Financial Consolidation and Close Overview. The complete outline is above on this page; a short, efficient study plan starts with knowing exactly where the marks live.
The Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam packs 70 questions into 120 minutes. Short-term preparation works best when every session is realistic, so run timed simulations in the ITCertMagic engine, keep your flag-and-return rhythm tight, and let repeated full-length runs build the pace the clock demands.
Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials requires 64% to pass, with an official registration fee of USD 245. Retakes bill the full USD 245 again, so speed should never mean gambling. Compress your preparation with the ITCertMagic practice tests, and book once your scores clear the requirement reliably.
No formal prerequisite exam required. Oracle recommends hands-on implementation experience with Financial Consolidation and Close Cloud Service.
Policies change, so verify the current requirements before registering on the official exam page.
Yes to both. ITCertMagic provides a free demo of the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials questions so you can verify the quality first, and after purchase the newest practice material is free for one year from the date of your order. When that year ends, extending the update service costs 50% of the regular price.
Your purchase carries a 100% money-back guarantee with defined conditions. Take the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, with the update service on your original purchase retained.
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Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials Sample Questions:
When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?
- A. create Member Formulas
- B. Member Formulas cannot be created
- C. load data to this account and make member formulas
- D. load data to this account
Correct Answer: A,C 🗳️
A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?
- A. Activate the Connection.
- B. Change one of the Row or Column dimension members and click Refresh.
- C. Disconnect from the Smart View connection, and relog in.
- D. Close out of Excel, and relog in to Smart View.
Correct Answer: B 🗳️
Which statement is FALSE when setting up Shared Entities?
- A. The calculation status will not change in all instances when data is changed in one instance.
- B. The Data Storage Member Property must set to "Dynamic Calc".
- C. You build an alternate hierarchy by using partial share Entity members.
- D. When data is posted to one shared entity, the data is posted to all instances.
Correct Answer: B 🗳️
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)
- A. FCCS_Elimination
- B. FCCS_Amount_Override
- C. FCCS_Translation
- D. FCCS_Rate Override
- E. FCCS_Contribution
- F. FCCS_Proportion
Correct Answer: A,D 🗳️
What is the primary function of enabling the Track Intercompany Elimination option during the application creation?
- A. enables the Elimination member in the Consolidation dimension
- B. enables the application to include Intercompany data.
- C. process will separate total elimination values by Data Source.
- D. enables the application to perform Intercompany eliminations
Correct Answer: C 🗳️
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