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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement
is false regarding establishing security for Financial Consolidation and Close?

A) Security can be disabled for any dimension.
B) The Identity Domain Administrator inherits full access privileges.
C) All members are accessible for dimensions with no security applied.
D) Security is mandatory for one dimension.
E) Security can be assigned at a prevent level.

2. For data load rules in Data Management, which two statements are FALSE?

A) Valid load types are Merge and Replace.
B) End users can upload a file when running a data load rule.
C) If specified, the import format will be used; if not, then the location's format will be used.
D) A job must first run to import the data file before the user can run the data load rule.
E) Data load rules cannot be shared across locations.

3. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?

A) Execute Integration dialog box
B) Options tab of the Application Details dialog box
C) Location Attributes section of the Create Integration dialog box
D) Workbench

4. Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?

A) Financial Close Management
B) Supplemental Data Management
C) Process Management
D) Data Management
E) Account Reconciliation Management

5. To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?

A) Elimination Consolidation Dimension member
B) Intercompany Plug Accounts
C) Intercompany Accounts
D) Intercompany Partners

Solutions: