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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

A) You can include the inbox and outbox contents in the clone.
B) You can include Data Management artifacts in the clone.
C) The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
D) You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.

2. Which statement is FALSE about running consolidations?

A) When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.
B) Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.
C) When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.
D) When you consolidate a parent, children with the Impacted calculation status are also consolidated.

3. Where can you set the default member for the Currency dimension in a Data Integration integration?

A) Options tab of the Application Details dialog box
B) Location Attributes in the Create Integration dialog box
C) Run Integration dialog box
D) Map Members tab in the Create Integration dialog box

4. 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) Set a default POV by user group.
C) Add or Hide cards.
D) Select a color scheme.

5. Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A) Selecting a shared member for a rule does not include its primary instance.
B) If a shared member is selected for a rule, the primary instance of the member is selected as well.
C) If the primary instance of the member is selected for a rule, all shared members for the instances are included.
D) Selecting the primary instance of a member does not include shared members.

Solutions: