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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A) Period and Year
B) Period
C) View
D) Period, Year, and View

2. What action requires refreshing the database?

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

3. What is the correct Currency dimension member to select when running an Intercompany Matching Report?

A) Input Currency
B) Parent Currency
C) Reporting Currency
D) Entity Currency

4. How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?

A) Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
B) During application creation, select the Multicurrency option of "Yes".
C) Enable a dimension for Currency after application creation via a Metadata load.
D) During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.

5. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

A) FCCS Entity Consolidation
B) FCCS Contribution
C) FCCS Entity Total
D) FCCS Totallnput And Adisuted

Solutions: