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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which statement is true of reporting currencies?

A) When you run the Consolidate business rule, you can select one or more reporting currencies to translate to.
B) All reporting currency members have the suffix Reporting.
C) All input currencies that you add are automatically added as reporting currencies as well.
D) During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency.

2. In the approval process, which four dimensions constitute an approval unit? (Choose four.)

A) Year
B) Data Source (Entity)
C) Scenario
D) Period
E) Account

3. For which four dimensions does Financial Consolidation and Close maintain calculation status? (Choose four.)

A) Data Source
B) Year
C) Scenario
D) Entity
E) Period
F) Consolidation

4. Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

A) Year
B) Scenario
C) Entity
D) Period
E) Account

5. Where can you set the default member for the Currency dimension in a Data Integration integration?

A) Map Members tab in the Create Integration dialog box
B) Run Integration dialog box
C) Location Attributes in the Create Integration dialog box
D) Options tab of the Application Details dialog box

Solutions: