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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which two are members in the Consolidation dimension? (Choose two.)

A) FCCS Entity Input
B) FCCS Proportion
C) FCCS Data Input
D) FCCS Total input And Adjusted

2. Once metadata
is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?

A) OK
B) Impacted
C) Need Translate
D) System Changed (SC)

3. Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

A) FCCS_Proportion
B) FCCS_SystemTypes
C) FCCS_Data Input
D) FCCS_No Data Source

4. Which statement
about the Equity Pickup feature is FALSE?

A) Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.
B) Seeded rule-sets are provided for Equity Pickup.
C) Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.
D) Equity Pickup rules run as part of the consolidation process.

5. How can
the Intercompany dimension be enabled within your application?

A) In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.
B) In the metadata editor, select IC_Entity_Yes for the Intercompany Entity property for any entity.
C) During application creation, select the Intercompany Data option.
D) In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.

Solutions: