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Oracle Financial Consolidation and Close 2022 Implementation Professional Questions and Answers

Question 1

You need to define a form that requires users to select the entity for which to view data from a list thatincludes

USA, Canada, and South America, but no other entities.

Where on the form do you place the Entity dimension?

Options:

A.

the Point of View

B.

rows

C.

columns

D.

the Page Axis

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Question 2

How can the Intercompany dimension be enabled within your application?

Options:

A.

In the metadata editor, select Enabled for the Intercompany property for the Entity dimension.

B.

In the metadata editor, select IC_Acc_Yes for the Intercompany property for any account.

C.

During application creation, select the Intercompany Data option.

D.

In the metadata editor, select IC_Entity_Yes forthe Intercompany Entity property for any entity.

Question 3

Which two prebuilt calculations run on the Movement dimension to determine CTA by account?

Options:

A.

Prior AverageRate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal

B.

Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal

C.

FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward

D.

FCCS_Mvmts_Subtotalmultiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate