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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. What are
two important first steps in initially setting up Task Manager?

A) Create a schedule and set it to Open status.
B) Set up Users.
C) Define system settings such as Organization units, Holiday rules and Task attachment size.
D) Assign tasks to users.

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

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

3. Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

A) Ending Rate
B) Local Rate
C) Opening Rate
D) Average Rate

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

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

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

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

Solutions: