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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?

A) Options tab of the Application Details dialog box
B) Location Attributes section of the Create Integration dialog box
C) Execute Integration dialog box
D) Workbench

2. If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?

A) The Intercompany Alias is automatically changed to the new Entity Alias.
B) The Intercompany Alias is not automatically changed to the new Entity Alias.
C) The Intercompany Alias is automatically set to the Intercompany Name.
D) The Intercompany Alias is set to the Entity Name.

3. Which statement correctly describes the Consolidation dimension?

A) The dimension contains members to store non-controlling interest and joint venture data.
B) The dimension uses a separate member to store data from an entity's descendants.
C) The dimension aggregates input, consolidated, and elimination data together.
D) The dimension allows users to see input versus journal adjustment data.

4. Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

A) FCCS_Amount_Override
B) FCCS_Contribution
C) FCCS_Proportion
D) FCCS_Elimination
E) FCCS_Rate Override
F) FCCS_Translation

5. How do you navigate if you want to export a form to a Snapshot file?

A) Open the form, select Actions, and then Export.
B) From the Home page, select Tools, and then Clone Snapshot.
C) From the Home page, select Tools, and then Migration.
D) From the Navigator menu, select Forms.

Solutions: