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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q10-Q15):
NEW QUESTION # 10
For which three tasks can Data Management be used? (Choose three.)
Answer: A,B,D
Explanation:
fixed width file or a delimited file,
In Data Management, write-back functionality is available.
integrate_file_104xd8fa487f.html
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/write-back.html
https://docs.oracle.com/applications/smartview/810/UGSUG/
drill_through_procedure_102xd6eca4c6.htm#UGSUG-GUID-C221538B-5352-4742-A1A1-18F16CE4D099
NEW QUESTION # 11
When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?
Answer: C
NEW QUESTION # 12
Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?
Answer: C
Explanation:
The statement that explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member is: An ownership percentage for the entity other than 100 was entered. This means that the entity is not fully owned by its parent, and therefore its data is adjusted by the ownership percentage when it is consolidated. The FCCS_Entity Input member shows the data before consolidation, while the FCCS_Proportion member shows the data after applying the ownership percentage. The other options do not explain why the data might be different. A rate entered into the FCCS Rate Override account affects the currency translation, not the consolidation. The parent entity having a different currency than the child also affects the currency translation, not the consolidation. An intercompany elimination is performed after consolidation, not before, and it affects the FCCS_Eliminations member, not the FCCS_Proportion member.[Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide], page 31; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 5-9.
NEW QUESTION # 13
Which statement is FALSE about Task Manager schedules?
Answer: B
Explanation:
The statement that is false about Task Manager schedules is: You can still add tasks to a schedule that has been closed. This is false because you cannot add tasks to a schedule that has been closed; you can only add tasks to a schedule that is open or pending. Closing a schedule means that the schedule is completed and no further changes are allowed. The other statements are true about Task Manager schedules. Users can still complete tasks in a schedule that has been closed, as long as the tasks are not past due. You can re-open a schedule that has been locked, as long as you have the Unlock Schedule role assignment. To start all the tasks in a schedule, you must change the status from Pending to Open, which triggers the task start dates and due dates.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 43;Oracle Financial Consolidation and Close Cloud Service User's Guide, page 8-4.
NEW QUESTION # 14
To show the Intercompany account and matching account balances on the Intercompany Matching Report, you make which selection?
Answer: D
Explanation:
Intercompany Partner (ICP) Matching reports list the intercompany transactions that are eliminated duringconsolidation. Intercompany transactions are managed across the Intercompany Partner dimension.https://docs.oracle.com/cd/E57185_01/HFMAG/ch09s02.html
NEW QUESTION # 15
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