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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q97-Q102):

NEW QUESTION # 97
A company has two subsidiaries with 1000 EURO each in the Cash account.
Which four Consolidation Members will reflect 2000 EURO at the company's balance? (Choose four.)

A. FCCS_Proportion
B. FCCS_Entity Total
C. FCCS_Entity Consolidation
D. FCCS_Contribution
E. FCCS_Entity Input
F. FCCS_Elimination

Answer: B,C,D,E

NEW QUESTION # 98
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this? (Choose three.)

A. Set the consolidation member on the form to FCCS Entity Input.
B. Select level 0 dimension members for POV rows, and columns. www*'
C. Set the currency on the form to Parent Currency.
D. Grant the data input users Write access to the dimension members used on the form.
E. In the member selection for Entity, do not include shared entities; include only primary instances of entities.

Answer: A,B,D

Explanation:
The three actions that are consistent with creating a form that allows users to input data are:
Set the consolidation member on the form to FCCS Entity Input. This is the member that represents the input data for each entity before consolidation.
Select level 0 dimension members for POV, rows, and columns. This ensures that the form displays the lowest level of detail for each dimension.
Grant the data input users Write access to the dimension members used on the form. This allows them to enter or modify data on the form.
The other options are not consistent with creating a form that allows users to input data. In the member selection for Entity, you can include shared entities if you want to allow data input for multiple instances of an entity. Setting the currency on the form to Parent Currency would display the data in the parent entity's currency, not the input currency.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 23; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 4-2.

NEW QUESTION # 99
What is the Data Storage value for an account that must remain at a historical exchange rate and not retranslate with current rates?

A. Never Share
B. Dynamic Calc and Store
C. No Rate
D. Store
E. Dynamic

Answer: D

NEW QUESTION # 100
When designing a report in Financial Reporting Studio, which item is NOT an insert-able report object?

A. Chart
B. Image
C. Header
D. Grid

Answer: A,D

Explanation:
Report objects include:
Grids
Text
3559E92E-0EC6-42F8-BB48-97875171067E.pdf

NEW QUESTION # 101
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?

A. Consolidation, Currency, Account
B. Entity, Consolidation, Currency
C. Entity, Currency, Account
D. Currency, Account, Movement

Answer: D

NEW QUESTION # 102
......

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