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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. What action requires refreshing the database?

A) You edit the alias for a member in the Entity dimension.
B) You deploy a new Configurable Calculation rule in Calculation Manager.
C) You edit the Consolidation Operator for a member in the Account dimension.
D) You change the ownership percentage for an entity.

2. To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

A) Period
B) View
C) Period, Year, and View
D) Period and Year

3. For which task categories is Audit enabled by default?

A) Data only
B) Journals
C) All task categories
D) No task categories

4. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?

A) You can include Data Management artifacts in the clone.
B) The most recent Artifact Snapshot created by daily maintenance is used for the snapshot.
C) You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone.
D) You can include the inbox and outbox contents in the clone.

5. Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?

A) Write
B) Comment
C) None
D) Read

Solutions: