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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement
is false regarding establishing security for Financial Consolidation and Close?

A) All members are accessible for dimensions with no security applied.
B) Security can be disabled for any dimension.
C) Security can be assigned at a prevent level.
D) Security is mandatory for one dimension.
E) The Identity Domain Administrator inherits full access privileges.

2. Which statement correctly describes the Consolidation dimension?

A) The dimension contains members to store non-controlling interest and joint venture data.
B) The dimension allows users to view data in the parent currency.
C) The dimension allows users to see input versus journal adjustment data.
D) The dimension uses a separate member for data from an entity's level-zero descendants.

3. Audit is enabled by default for which task categories?

A) Data only
B) All task categories
C) No task categories
D) Metadata Administration and Security

4. When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?

A) 12-month, 13-month and a 14-month
B) 12-month and 13-month
C) 12-month only
D) Any number of months can be selected

5. Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

A) FCCS_No Data Source
B) FCCS_Data Input
C) FCCS_Proportion
D) FCCS_SystemTypes

Solutions: