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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. For which three levels can Profiles be set in Data Management?

A) User
B) Application
C) System
D) Category
E) Source System

2. Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

A) The ICP dimension is omitted.
B) An extra custom dimension is available.
C) Data can be stored by the intercompany partner but no eliminations occur.
D) The FCCS No Intercompany member of the ICP dimension is used for all data.

3. You are required to create a form to allow users to input dat
a. Which three actions or form components selected should accomplish this?

A) Set the currency on the form to the reporting currency member USD_Reporting
B) Give data input users WRITE access to form dimension members
C) Level 0 dimension members on POV, rows and columns
D) Set access rights for data input users to the form

4. Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A) calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
B) calculations, dashboards and reports built on planning frameworks to provide cash flow planning
C) calculations, dashboards and reports to provide analysis for cash flow modeling
D) pre-built integrations to combine narrative and data to produce both internal and external reporting packages

5. Which statement is FALSE about Task Manager schedules?

A) You can still add tasks to 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 re-open a schedule that has been locked.
D) Users can still complete tasks in a schedule that has been closed.

Solutions: