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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. You have
created a navigation flow named Analysts that should be the default navigation for users in the Analysts user group.
How can the Analysts navigation flow be made the default for the Analysts user group?

A) In the Analysts navigation flow, select the Analysts user group in the Assign To field.
B) In their User Preferences settings, members of the Analysts user group should select Analysts in the Navigation Flow list.
C) In Application Settings, assign Analysts to the Analysts user group in the System Settings section.
D) Because the navigation flow was given exactly the same name as the user group, it is assigned automatically to the group

2. The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

A) H 1 and P 2
B) Hickory and Paducah
C) PQR
D) No elimination is performed, because H 1 and P 1 do not have the same parent.

3. When defining a batch in Data Management, which statement is True?

A) A batch replaces the need for data load rules.
B) Batches can import from source or export to target, but not both.
C) Batches can execute data loads for multiple locations.
D) Each data load rule must specify the period or the batch will default to the POV period.
E) A batch can load to multiple plan types.

4. Which three dimensions can be included in an approval group? (Choose three.)

A) Multi-GAAP
B) Scenario
C) Movement
D) Account
E) Entity

5. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Task Manager rule.
B) Create a Groovy rule.
C) Create a valid intersection rule.
D) Create a Configurable Consolidation rule.

Solutions: