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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions:

1. Where do you set the Intercompany Entities Aggregation option?

A) In the member properties of the Intercompany Top member
B) In the member properties of the Intercompany Entities member
C) In the Setup Wizard during business process creation
D) On the Properties page of the Intercompany dimension

2. Which of the following is allowed for accounts with the data storage type of Dynamic Calc?

A) Create member formulas.
B) Enter data through a data form.
C) Load data to this account.
D) Load data to this account and create member formulas.

3. For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

A) The View dimension stores only periodic data.
B) You cannot add member formulas to members of the Movement dimension.
C) Account is a Sparse dimension.
D) All parent members in the Account dimension must have a Solve Order value of 58.

4. Which statement is true regarding shared members and valid intersection rules?

A) If a base member is included in a valid intersection rule, then any shared member is not included in the rule
B) Shared members are not supported in valid intersection rules
C) Shared members are supported in valid intersection rules
D) If a shared member is selected for a valid intersection rule, then the base member is not included in the rule

5. A company
would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?

A) Add custom Movement members to the FCCS_CashFlow hierarchy.
B) Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
C) Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
D) Create a Roll Forward in the account dimension.
E) Load detailed Fixed Asset data to Movement members.

Solutions: