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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)

A) Create a Roll Forward in the account dimension.
B) Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals
C) Load detailed Fixed Asset data to Movement members.
D) Add custom members for Additions and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
E) Add custom Movement members to the FCCS_CashFlow hierarchy.

2. Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?

A) From Currency, Movement, Scenario
B) Period, Year, Entity
C) Data source, Consolidation, View
D) Multi-GAAP, Data Type, Intra-company
E) Value, Entity, Account

3. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A) Year
B) Consolidation
C) Scenario
D) Period
E) Data Source
F) Entity

4. Which statement is true about an approval process with the Phase Dependency option enabled?

A) Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.
B) Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.
C) 'Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.
D) Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

5. A new Sheet tab in Excel is copied from an existing tab that contains a Smart View query, but clicking Refresh does not refresh the data and the Smart View (Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and change the POV?

A) Change one of the Row or Column dimension members and click Refresh.
B) Close out of Excel, and relog in to Smart View.
C) Activate the Connection.
D) Disconnect from the Smart View connection, and relog in.

Solutions: