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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. When enabling Multi-GAAP during application creation, which additional option is available?
A) Allow adjustments for IFRS
B) Include Supplemental Data
C) Automatically calculate adjustment
D) Track Multi-Source Data Input
2. Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in Excel? (Choose three.)
A) Retrieve data
B) Adjust data with Journals
C) Run a rule such as Consolidate or Translate
D) Submit data
3. Which statement is true regarding shared members and valid intersection rules?
A) Shared members are not supported in valid intersection rules
B) If a base member is included in a valid intersection rule, then any shared member is not included in the rule
C) Shared members are supported in valid intersection rules
D) If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
4. Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?
A) Entity, Currency, Account
B) Entity, Consolidation, Currency
C) Currency, Account, Movement
D) Consolidation, Currency, Account
5. For which three tasks can Data Management be used? (Choose three.)
A) loading a Metadata Import File
B) loading data from a fixed width or delimited text file
C) drilling through from a web form or Smart View
D) loading data that is period-to-date or year-to-date
E) writing back data to source systems
Solutions:
Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: B,C,E |