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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. For which
scenario would an On-Demand rule be an appropriate solution?

A) to perform a custom currency translation for a subset of accounts
B) to copy data from one scenario to a different scenario
C) to add a column with a calculation to a report
D) to allocate data to base entities prior to consolidation

2. In Data Integration integrations, which two attributes are linked to the location selected for the integration? (Choose two.)

A) Scenario
B) Member mappings
C) Data tile name
D) Target application

3. For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?

A) Edit the numbers using a web form or Smart View after consolidating.
B) Click Configurable Consolidation on the Consolidation Process page and create a Configurable
C) Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
D) Create an on-demand rule in Calculation Manager that you run after consolidation.

4. Which statement is FALSE when enabling a Multi-GAAP application?

A) The system automatically creates an FCCS_IFRS member.
B) Two custom dimensions are available after enabling Multi-GAAP.
C) Additional GAAP adjustment can be created.
D) The Multi-GAAP dimension is optional.

5. Which three
are seeded data forms created during business process creation?

A) Headcount
B) Exchange Rate Multi-period
C) Override Rates
D) Data Status
E) Shares Outstanding

Solutions: