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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. How do you navigate if you want to export a form to a Snapshot file?

A) From the Home page, select Tools, and then Clone Snapshot.
B) Open the form, select Actions, and then Export.
C) From the Navigator menu, select Forms.
D) From the Home page, select Tools, and then Migration.

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

3. What are
two important first steps in initially setting up Task Manager?

A) Set up Users.
B) Assign tasks to users.
C) Create a schedule and set it to Open status.
D) Define system settings such as Organization units, Holiday rules and Task attachment size.

4. What is the result of enabling the Calculate Movements system rule?

A) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
B) Closing Balance is aggregated from Opening Balance and the current period's movement value.
C) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
D) Level 0 movement members become read only in web forms, and must be populated through data load.

5. Which three
are seeded data forms created during business process creation?

A) Shares Outstanding
B) Headcount
C) Exchange Rate Multi-period
D) Override Rates
E) Data Status

Solutions: