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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Which four items are active components of the Currency dimension? (Choose four.)

A) Translated Currencies
B) Reporting Currencies
C) Entity Currency Adjustments
D) Entity Currency
E) Input Currencies
F) Parent Currency

2. When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

A) Suppress missing blocks
B) Expanded vs. single data segments
C) Designing dynamic reports
D) Report performance

3. Which statement is true of journals created from Recurring templates?

A) The line items in journals created from Recurring templates are read only.
B) The initial status of journals created from Recurring templates is Posted.
C) The initial status of journals created from Recurring templates is Approved.
D) Journals for recurring templates are created automatically when you open a period for journals.

4. 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) Bar
B) Line
C) Gauge
D) Tile

5. Which explains why the Currency dimension does NOT display in your application?

A) Entity-specific security rights were not properly granted
B) Multi-Currency option was not selected at application creation
C) Security has not been granted
D) Security access to the Multi-GAAP dimension is required

Solutions: