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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. In Data Integration, for what purpose do you use Workbench?

A) To configure data load options
B) To define dimension mapping
C) To edit the data load file format
D) To review mapping of source to target members

2. For your business process, owners of approval units should be able to lock and unlock data without going through an approval process.
Which action should you perform?

A) Select users with the Service Administrator security role.
B) Select the Consolidation template when setting up the Approval Unit hierarchy.
C) Delete the default Approval Unit hierarchy.
D) Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.

3. Which statement correctly describes the Consolidation dimension?

A) The dimension allows users to view data in the parent currency.
B) The dimension allows users to see input versus journal adjustment data.
C) The dimension contains members to store non-controlling interest and joint venture data.
D) The dimension uses a separate member for data from an entity's level-zero descendants.

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

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

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

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

Solutions: