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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which statement is true of journals created from Recurring templates?

A) The line items in journals created from Recurring templates are read only.
B) Journals for recurring templates are created automatically when you open a period for journals.
C) The initial status of journals created from Recurring templates is Approved.
D) The initial status of journals created from Recurring templates is Posted.


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

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


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) Read
B) None
C) Comment
D) Write


4. Financial Consolidation
and Close maintains calculation status for which four dimensions?

A) Entity
B) Period
C) Consolidation
D) Year
E) Data Source
F) Scenario


5. When defining a batch in Data Management, which statement is True?

A) Batches can import from source or export to target, but not both.
B) A batch replaces the need for data load rules.
C) Each data load rule must specify the period or the batch will default to the POV period.
D) A batch can load to multiple plan types.
E) Batches can execute data loads for multiple locations.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B,C
Question # 3
Answer: A
Question # 4
Answer: A,B,C,F
Question # 5
Answer: E

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