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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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

2. In Data Integration, for what purpose do you use Workbench?

A) To edit the data load file format
B) To define dimension mapping
C) To configure data load options
D) To review mapping of source to target members

3. Which statement correctly describes the Consolidation dimension?

A) The dimension allows users to see input versus journal adjustment data.
B) The dimension allows users to view data in the parent currency.
C) The dimension contains members to store non-controlling interest and joint venture data.
D) The dimension uses a separate member for data from an entity's level-zero descendants.

4. 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) Comment
B) Write
C) Read
D) None

5. Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?

A) An ownership percentage for the entity other than 100 was entered.
B) The parent entity has a different currency than the child.
C) A rate was entered into the FCCS Rate Override account.
D) An intercompany elimination was performed.

Solutions: