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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A) Line
B) Gauge
C) Tile
D) Bar

2. Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A) Grid
B) Footer
C) Header
D) Chart

3. Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

A) Local Rate
B) Opening Rate
C) Ending Rate
D) Average Rate

4. You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

A) Create a Groovy rule.
B) Create a Configurable Consolidation rule.
C) Create a valid intersection rule.
D) Create a Task Manager rule.

5. What is the result of enabling the Calculate Movements system rule?

A) Closing Balance is aggregated from Opening Balance and the current period's movement value.
B) The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
C) Level 0 movement members become read only in web forms, and must be populated through data load.
D) To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.

Solutions: