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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. 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) Account is a Sparse dimension.
C) All parent members in the Account dimension must have a Solve Order value of 58.
D) The View dimension stores only periodic data.

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

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

3. When using the Copy Data feature to copy data, for which two dimensions is member selection NOT available? (Choose two.)

A) Account
B) View
C) Consolidation
D) Movement

4. Which four sample ratios can be selected during business process creation? (Choose four.)

A) Debt Ratio
B) Gross Margin
C) Days Sales in Receivables
D) Contribution Margin
E) Inventory Ratios
F) Earnings per Share

5. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules run as part of the consolidation process
B) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
C) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
D) Seeded rule sets are provided for Equity Pickup.

Solutions: