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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:
1. Which four sample ratios can be created during the application creation process? (Choose four.)
A) Inventory Ratios
B) Days Sales in Receivables
C) Gross Margin
D) Earnings per Share
E) Contribution Margin
F) Debt Ratio
2. In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency?
A) A variance in the Average rate and the Ending rate
B) Movement of FX impact for historical rate accounts to the FCCS_CTA account
C) The current FCCS_CTA account balance does not change from the prior period
D) The account is FCCS_Net Income
3. What information is included in the data extract export file delimited format?
A) the domain and application name
B) the ID of the user performing the extract
C) the application name
D) the data load cube name
4. Which three combinations of dimensions could be valid for a Financial Consolidation and Close (FCCS) application?
A) From Currency, Movement, Scenario
B) Value, Entity, Account
C) Period, Year, Entity
D) Data source, Consolidation, View
E) Multi-GAAP, Data Type, Intra-company
5. Which statement correctly describes the Consolidation dimension?
A) The dimension uses a separate member to store data from an entity's descendants.
B) The dimension contains members to store non-controlling interest and joint venture data.
C) The dimension allows users to see input versus journal adjustment data.
D) The dimension aggregates input, consolidated, and elimination data together.
Solutions:
| Question # 1 Answer: A,B,C,F | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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