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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

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

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

2. Which statement correctly describes what happens to parent entities during consolidation?

A) From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
B) The changes in the relational database are synced to the underlying Essbase cube.
C) The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
D) Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.

3. What member of the Currency dimension should be used during data entry for historical override amounts?

A) Entity Currency
B) Parent Currency
C) Input Currencies
D) Reporting Currencies

4. What member of the Consolidation dimension represents the aggregated value before proportionalization and elimination?

A) FCCS Entity Consolidation
B) FCCS Contribution
C) FCCS Totallnput And Adisuted
D) FCCS Entity Total

5. When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)

A) Data Management
B) ERP r12
C) ERP Cloud
D) Supplemental Data

Solutions: