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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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

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

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

3. Which statement is FALSE about Task Manager schedules?

A) You can re-open a schedule that has been locked.
B) You can still add tasks to a schedule that has been closed.
C) To start all the tasks in a schedule, you must change the status from Pending to Open.
D) Users can still complete tasks in a schedule that has been closed.

4. You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?

A) Intercompany
B) Journal
C) Financial
D) Consolidation

5. Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?

A) Calculations, dashboards, and reports as well as detailed data source tracking and an automated cash flow
B) Calculations, dashboards, and reports to provide analysis for cash flow modeling
C) Calculations, dashboards, and reports built on planning frameworks to provide cash flow planning
D) Pre-built integrations to combine narrative and data to produce both internal and external reporting packages

Solutions: