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

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

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

3. 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) Gauge
C) Line
D) Tile

4. Which statement is true of reporting currencies?

A) All reporting currency members have the suffix Reporting.
B) When you run the Consolidate business rule, you can select one or more reporting currencies to translate to.
C) During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency.
D) All input currencies that you add are automatically added as reporting currencies as well.

5. For which task categories is Audit enabled by default?

A) All task categories
B) Data only
C) No task categories
D) Journals

Solutions: