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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Account
B) Period
C) Scenario
D) Year
E) Data Source (Entity)

2. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?

A) Pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B) Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
C) Calculations, dashboards, and reports to provide analysis for cash flow modeling
D) Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow

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

4. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

A) FCCS Entity Consolidation
B) FCCS Totallnput And Adisuted
C) FCCS Contribution
D) FCCS Entity Total

5. When you set the Intercompany Account attribute for an account to Yes, which additional attribute must also be set in order for the account to be included in the elimination process?

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

Solutions: