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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules run as part of the consolidation process
B) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
C) Seeded rule sets are provided for Equity Pickup.
D) Equity Pickup rules are run on demand from the Rules card by users with launch permission.

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

3. Which two statements about the Copy Data function are true? (Choose two.)

A) You can copy data for historical rate and amount overrides.
B) You cannot select which Account members to copy.
C) You can select which Consolidation dimension member to copy.
D) When you select the Regular Data option, journals data is included.

4. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
B) Grant the data input users Write access to the dimension members used on the form.
C) Set the consolidation member on the form to FCCS Entity Input.
D) Set the currency on the form to Parent Currency.
E) Select level 0 dimension members for POV\ rows, and columns. www*'

5. Which two are members in the Consolidation dimension? (Choose two.)

A) FCCS Entity Input
B) FCCS Data Input
C) FCCS Proportion
D) FCCS Total input And Adjusted

Solutions: