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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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

2. Where can you set the default member for the Currency dimension in a Data Integration integration?

A) Run Integration dialog box
B) Location Attributes in the Create Integration dialog box
C) Options tab of the Application Details dialog box
D) Map Members tab in the Create Integration dialog box

3. Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

A) An extra custom dimension is available.
B) The ICP dimension is omitted.
C) Data can be stored by the intercompany partner but no eliminations occur.
D) The FCCS No Intercompany member of the ICP dimension is used for all data.

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

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

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

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

Solutions:

Question # 1 Answer: A

Question # 2 Answer: B

Question # 3 Answer: B

Question # 4 Answer: B,C,D,E

Question # 5 Answer: A,D