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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q77-Q82):
NEW QUESTION # 77
Which statement is true regarding Data Management categories?
Answer: B
NEW QUESTION # 78
Audit is enabled by default for which task categories?
Answer: C
NEW QUESTION # 79
Once metadata
is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?
Answer: D
Explanation:
The entity's calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.
locking_and_unlocking_entities.html
NEW QUESTION # 80
For which scenario would an On-Demand rule be an appropriate solution?
Answer: B
Explanation:
Performing a custom currency translation for a subset of accounts is a scenario where an On-Demand rule would be an appropriate solution. An On-Demand rule is a type of business rule that can be executed manually by users on forms or Smart View worksheets. An On-Demand rule can perform calculations or transformations on selected data cells without affecting other data cells. For example, an On-Demand rule can be used to translate data from local currency to reporting currency using a different exchange rate than the default one for a subset of accounts.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 61-62; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-1.
NEW QUESTION # 81
Which of the following is allowed for accounts with the data storage type of Dynamic Calc?
Answer: D
NEW QUESTION # 82
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