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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. 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) Activate the Connection.
C) Close out of Excel, and relog in to Smart View.
D) Disconnect from the Smart View connection, and relog in.

2. Which is true behavior of default FCCS_ members within an application?

A) You can change the Alias of these default FCCS_ members at any time.
B) You can change the Name of these default FCCS_ members at any time.
C) You can change the default FCCS_ member prefix at application creation.
D) You cannot change the Alias of these default FCCS_ members.

3. When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

A) Is Plug Account
B) Intercompany Account
C) Intercompany Entity
D) Plug Account

4. Which four items are active components of the Currency dimension? (Choose four.)

A) Translated Currencies
B) Reporting Currencies
C) Entity Currency Adjustments
D) Input Currencies
E) Parent Currency
F) Entity Currency

5. For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?

A) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
B) Select the Consolidation template when setting up the Approval Unit hierarchy.
C) Select users with the Service Administrator security role.
D) Delete the default Approval Unit hierarchy.

Solutions: