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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. 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) Plug Account
B) Intercompany Account
C) Is Plug Account
D) Intercompany Entity

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

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

4. Which explains why the Currency dimension does NOT display in your application?

A) Security has not been granted
B) Entity-specific security rights were not properly granted
C) Multi-Currency option was not selected at application creation
D) Security access to the Multi-GAAP dimension is required

5. Which two statements are true about Cash Flow in the Movement dimension?

A) The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the
B) When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member
C) You can add shared members to the FCCS_CashChange hierarchy.
D) The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow

Solutions: