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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.)
A) Excel XLS file type
B) Tab delimited
C) Comma delimited
D) DAT file type
2. In the approval process, which four dimensions constitute an approval unit? (Choose four.)
A) Year
B) Data Source (Entity)
C) Account
D) Scenario
E) Period
3. What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?
A) Never Share
B) No Rate
C) Dynamic Calc and Store
D) Store
E) Dynamic
4. A company has two subsidiaries with 1000 EURO each in the Cash account.
Which four Consolidation Members will reflect 2000 EURO at the company's balance? (Choose four.)
A) FCCS_Entity Total
B) FCCS_Contribution
C) FCCS_Proportion
D) FCCS_Entity Input
E) FCCS_Entity Consolidation
F) FCCS_Elimination
5. Which statement is FALSE when setting up Shared Entities?
A) When data is posted to one shared entity, the data is posted to all instances.
B) You build an alternate hierarchy by using partial share Entity members.
C) The calculation status will not change in all instances when data is changed in one instance.
D) The Data Storage Member Property must set to "Dynamic Calc".
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,B,D,E | Question # 3 Answer: D | Question # 4 Answer: A,B,D,E | Question # 5 Answer: C |
Adelaide 
Verne 
Fanny 
Ada 
Newman 
Anastasia 
Murray 
Berger 
Jerome 
Nicholas 
Zora 
Fabian 
