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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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

2. Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

A) Entity
B) Year
C) Account
D) Scenario
E) Period

3. Which statement about Opening Balance Override rules is true?

A) Opening Balance Override rules execute for the first period in the year only.
B) You can select which entities to include in the rule scope.
C) They are available only if Intercompany Data with Tracking is enabled for the business process.
D) You can select which accounts to include in the rule scope.

4. Which statement is true of journals created from Recurring templates?

A) Journals for recurring templates are created automatically when you open a period for journals.
B) The line items in journals created from Recurring templates are read only.
C) The initial status of journals created from Recurring templates is Approved.
D) The initial status of journals created from Recurring templates is Posted.

5. For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

A) You cannot add member formulas to members of the Movement dimension.
B) The View dimension stores only periodic data.
C) Account is a Sparse dimension.
D) All parent members in the Account dimension must have a Solve Order value of 58.

Solutions: