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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two statements about the Copy Data function are true? (Choose two.)

A) You can select which Consolidation dimension member to copy.
B) When you select the Regular Data option, journals data is included.
C) You cannot select which Account members to copy.
D) You can copy data for historical rate and amount overrides.

2. You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A) Tile
B) Bar
C) Gauge
D) Line

3. What is the result of enabling the Calculate Movements system rule?

A) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
B) Level 0 movement members become read only in web forms, and must be populated through data load.
C) Closing Balance is aggregated from Opening Balance and the current period's movement value.
D) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.

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

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

5. Which two are members in the Consolidation dimension? (Choose two.)

A) FCCS Entity Input
B) FCCS Total input And Adjusted
C) FCCS Proportion
D) FCCS Data Input

Solutions: