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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. What action requires refreshing the database?

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

2. When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?

A) The script will not work since the UD5 member referenced does not start with FCCS_
B) The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
C) The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
D) The script will work if the script is referenced in the In mapping type with #SQL as the target.
E) The script will not work since Data Management does not support scripting.

3. For which task categories is Audit enabled by default?

A) All task categories
B) Journals
C) Data only
D) No task categories

4. 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) Level 0 dimension members on POV, rows and columns
C) Give data input users WRITE access to form dimension members
D) Set access rights for data input users to the form

5. Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

A) Average Rate
B) Local Rate
C) Ending Rate
D) Opening Rate

Solutions: