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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A) Bar
B) Line
C) Tile
D) Gauge

2. Which four items are included in the Currency dimension? (Choose four.)

A) Parent Currency
B) Journal Input Currencies
C) Reporting Currencies
D) Entity Currency
E) Input Currencies
F) Default Currency

3. In Data Integration, for what purpose do you use Workbench?

A) To configure data load options
B) To define dimension mapping
C) To edit the data load file format
D) To review mapping of source to target members

4. What action requires refreshing the database?

A) You edit the Consolidation Operator for a member in the Account dimension.
B) You edit the alias for a member in the Entity dimension.
C) You deploy a new Configurable Calculation rule in Calculation Manager.
D) You change the ownership percentage for an entity.

5. Why should years be consolidated sequentially; i.e., first 2018, then 2019, then 2020?

A) Parent account calculations depend on the sequencing.
B) Each period in the year must consolidate separately.
C) Years should be consolidated sequentially to ensure that rollforward calculations are correct.
D) There is no reason to consolidate years sequentially.

Solutions: