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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?
A) The data export format / file extension is always extracted in a CSV file format.
B) The data export format / file extension is always extracted in a ZIP file format.
C) The data export format / file extension is always extracted in a DAT file format.
D) The data export format / file extension is always extracted in a XLS file format.
2. How do you navigate if you want to export a form to a Snapshot file?
A) From the Home page, select Tools, and then Clone Snapshot.
B) From the Navigator menu, select Forms.
C) Open the form, select Actions, and then Export.
D) From the Home page, select Tools, and then Migration.
3. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features?
A) the second and fourth Friday of each month; second Friday for TEST and fourth Friday for PROD
B) the third Friday of each month to apply to both TEST and PROD simultaneously
C) the first and third Friday of each month; first Friday for TEST and third Friday for PROD
D) the first and third Monday of each month; first Monday for TEST and third Monday for PROD
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) Consolidation Report
B) Journal Report
C) Financial Report
D) Intercompany Report
5. For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
A) Edit the numbers using a web form or Smart View after consolidating.
B) Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in
C) Create an on-demand rule in Calculation Manager that you run after consolidation.
D) Click Configurable Consolidation on the Consolidation Process page and create a Configurable
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |

