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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?

A) 3-3-3-3
B) 4-4-4-4
C) 3-3-3-4
D) 4-4-4-5

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

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

3. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Account
B) Data Source (Entity)
C) Year
D) Period
E) Scenario

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

5. What can the Intercompany Dimension be enabled and made visible within your application?

A) during application creation and selecting the Multi-source Data Input of Other Data
B) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
C) after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
D) during application creation and selecting the Intercompany Data feature option

Solutions: