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The Oracle 1z1-983 exam includes a variety of topics such as understanding the Oracle FCCS architecture, managing security and users, configuring and maintaining the application, and managing data and metadata. Those who pass the exam will be able to demonstrate their knowledge of best practices and implementation strategies that are vital for a successful implementation. 1z1-983 exam is also ideal for those who are seeking to advance their careers in financial management, as it will enhance their skills and knowledge in this field.
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Oracle 1z1-983 exam, also known as the Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials, is a certification exam designed to test the knowledge and skills of professionals who work with Oracle Financial Consolidation and Close Cloud Service. 1z1-983 exam covers a broad range of topics related to financial consolidation and close processes, including data integration, financial reporting, intercompany transactions, and more.
| Section | Objectives |
|---|---|
| Topic 1: Security and Administration | - User roles and security provisioning - Application administration tasks |
| Topic 2: Consolidation Process | - Currency translation and ownership structures - Consolidation rules and calculations |
| Topic 3: Reporting and Analysis | - Smart View integration - Financial reporting and dashboards |
| Topic 4: Intercompany and Eliminations | - Intercompany matching and elimination logic - Elimination business rules |
| Topic 5: Data Integration | - Data loading methods (Data Management, Data Integration) - Mapping and validation rules |
| Topic 6: Application Configuration | - Metadata setup (accounts, entities, dimensions) - Creating and configuring FCCS applications |
| Topic 7: FCCS Overview and Architecture | - Oracle EPM Cloud architecture concepts - Financial Consolidation and Close components |
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