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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. When enabling Multi-GAAP during application creation, which additional option is available?

A) Allow adjustments for IFRS
B) Automatically calculate adjustment
C) Include Supplemental Data
D) Track Multi-Source Data Input

2. Which statement is true regarding Data Management categories?

A) Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.
B) Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab
C) The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.
D) Application mapping is not required if the global mapping target category is exactly correct.

3. To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?

A) Intercompany Partners
B) Intercompany Plug Accounts
C) Intercompany Accounts
D) Elimination Consolidation Dimension member

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

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

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

Solutions: