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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?

A) Multi-GAAP, Data Type, Intra-company
B) From Currency, Movement, Scenario
C) Period, Year, Entity
D) Value, Entity, Account
E) Data source, Consolidation, View

2. Which three fields must be defined when registering a file-based source system in Data Management? (Choose three.)

A) Name
B) Description
C) Source Type
D) Cloud Type
E) Drill URL

3. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

A) Control
B) Consolidation Percentage
C) Minority Interest Percentage
D) Consolidation Method
E) Ownership Percentage

4. Which statement is FALSE about Task Manager schedules?

A) Users can still complete tasks in a schedule that has been closed.
B) To start all the tasks in a schedule, you must change the status from Pending to Open.
C) You can still add tasks to a schedule that has been closed.
D) You can re-open a schedule that has been locked.

5. What can the Intercompany Dimension be enabled and made visible within your application?

A) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
B) during application creation and selecting the Intercompany Data feature option
C) during application creation and selecting the Multi-source Data Input of Other Data
D) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute

Solutions: