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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?

A) The Intercompany Alias is automatically changed to the new Entity Alias.
B) The Intercompany Alias is automatically set to the Intercompany Name.
C) The Intercompany Alias is not automatically changed to the new Entity Alias.
D) The Intercompany Alias is set to the Entity Name.

2. What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

A) No Rate
B) Dynamic Calc and Store
C) Dynamic
D) Never Share
E) Store

3. 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.

4. Which is true behavior of default FCCS_ members within an application?

A) You cannot change the Alias of these default FCCS_ members.
B) You can change the Alias of these default FCCS_ members at any time.
C) You can change the default FCCS_ member prefix at application creation.
D) You can change the Name of these default FCCS_ members at any time.

5. Which customization can you perform on the Navigation Flows page?

A) Select a data form to display at start up based on user group.
B) Add or Hide cards.
C) Set a default POV by user group.
D) Select a color scheme.

Solutions: