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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:
1. What is the result of enabling the Calculate Movements system rule?
A) Level 0 movement members become read only in web forms, and must be populated through data load.
B) Closing Balance is aggregated from Opening Balance and the current period's movement value.
C) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
D) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
2. Where in Data Integration do you specify the default member for the Multi-GAAP dimension?
A) Execute Integration dialog box
B) Location Attributes section of the Create Integration dialog box
C) Workbench
D) Options tab of the Application Details dialog box
3. Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?
A) Import journals
B) Run a business rule
C) Load a data file
D) Export metadata
4. In Data Integration integrations, which two attributes are linked to the location selected for the integration?
(Choose two.)
A) Member mappings
B) Data tile name
C) Target application
D) Scenario
5. Which two statements are true about Enterprise Journals? (Choose two.)
A) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
B) You cannot deploy Enterprise Journals to a period with Pending status.
C) Line items can only include entities that have been enabled for Enterprise Journals.
D) You can assign a team as preparer or reviewer.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,C | Question # 5 Answer: C,D |
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Upton 
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Winston 
Xaviera 
Oscar 
Richard 
Oliver 
Wright 
Les 
Meroy 
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Tabitha 
Venus 
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Marlon 
