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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which three dimensions can be included in an approval group? (Choose three.)

A) Multi-GAAP
B) Account
C) Scenario
D) Movement
E) Entity

2. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

A) Ownership Percentage
B) Control
C) Minority Interest Percentage
D) Consolidation Method
E) Consolidation Percentage

3. Where can you set the default member for the Currency dimension in a Data Integration integration?

A) Options tab of the Application Details dialog box
B) Location Attributes in the Create Integration dialog box
C) Run Integration dialog box
D) Map Members tab in the Create Integration dialog box

4. Which statement is FALSE about when Intercompany Data is enabled?

A) The Intercompany Entity attribute for an entity must be set to Yes to store intercompany data.
B) In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
C) Intercompany accounts are assigned plug accounts.
D) Tracking intercompany eliminations is optional.

5. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Header
B) Grid
C) Footer
D) Chart

Solutions: