Free Oracle 1z1-983 Practice Test & Real Exam Questions

  • Exam Code/Number: 1z1-983
  • Exam Name/Title: Oracle Financial Consolidation and Close Cloud Service 2017 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Financial Consolidation and Close Cloud
  • Exam Questions: 86
  • Updated On: Sep 13, 2026
When enabling Multi-GAAP during application creation, which additional option is available?
Correct Answer: A Vote an answer
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?
Correct Answer: B Vote an answer
Which two statements are correct with regard to Data Management locations? (Choose two.)
Correct Answer: B,D Vote an answer
By default, security access is set to "None" for which three dimensions? (Choose three.)
Correct Answer: A,C,D Vote an answer
When setting an account property to a data storage type of "Dynamic Calc" which two are allowed?
Correct Answer: A,C Vote an answer
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
Correct Answer: D Vote an answer
On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
Correct Answer: D Vote an answer
UESTION NO: 64
An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)
Correct Answer: A,D Vote an answer
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?
Correct Answer: A Vote an answer