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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Footer
B) Chart
C) Header
D) Grid

2. Which two statements are true about the Multi-GAAP feature? (Choose two.)

A) Enabling Multi-GAAP reduces the number of custom dimensions you can have.
B) Select this option if you need to report your financial statements only in IFRS.
C) You must specify a prefix for entities that use the alternate gap standard.
D) When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.

3. You are required to create a form that allows users to input data. Which three actions are consistent with this?
(Choose three.)

A) Select level 0 dimension members for POV\ rows, and columns. www*'
B) Set the consolidation member on the form to FCCS Entity Input.
C) Set the currency on the form to Parent Currency.
D) In the member selection for Entity, do not include shared entities; include only primary instances of entities.
E) Grant the data input users Write access to the dimension members used on the form.

4. Which statement is FALSE about Task Manager schedules?

A) To start all the tasks in a schedule, you must change the status from Pending to Open.
B) You can re-open a schedule that has been locked.
C) You can still add tasks to a schedule that has been closed.
D) Users can still complete tasks in a schedule that has been closed.

5. 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 for data from an entity's level-zero descendants.
C) The dimension allows users to see input versus journal adjustment data.
D) The dimension allows users to view data in the parent currency.

Solutions: