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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?

A) Read
B) Write
C) None
D) Comment

2. What action requires refreshing the database?

A) You deploy a new Configurable Calculation rule in Calculation Manager.
B) You edit the alias for a member in the Entity dimension.
C) You change the ownership percentage for an entity.
D) You edit the Consolidation Operator for a member in the Account dimension.

3. Which four items are included in the Currency dimension? (Choose four.)

A) Input Currencies
B) Default Currency
C) Entity Currency
D) Parent Currency
E) Reporting Currencies
F) Journal Input Currencies

4. Which two statements about the Copy Data function are true? (Choose two.)

A) You can select which Consolidation dimension member to copy.
B) You can copy data for historical rate and amount overrides.
C) You cannot select which Account members to copy.
D) When you select the Regular Data option, journals data is included.

5. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) Select level 0 dimension members for POV\ rows, and columns. www*'
B) Set the consolidation member on the form to FCCS Entity Input.
C) Set the currency on the form to Parent Currency.
D) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
E) Grant the data input users Write access to the dimension members used on the form.

Solutions: