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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts? (Choose two.)

A) FX Rates - None
B) FX Rates - Historical
C) FX Rates - Opening
D) FX Rates - Ending
E) FX Rates - Average

2. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

A) You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
B) You can include Data Management artifacts in the clone.
C) You can include the inbox and outbox contents in the clone.
D) The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.

3. 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) Scenario
D) Target application

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) Gauge
B) Tile
C) Bar
D) Line

5. Which statement correctly describes the Consolidation dimension?

A) The dimension allows users to see input versus journal adjustment data.
B) The dimension contains members to store non-controlling interest and joint venture data.
C) The dimension uses a separate member for data from an entity's level-zero descendants.
D) The dimension allows users to view data in the parent currency.

Solutions: