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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which customization can you perform on the Navigation Flows page?

A) Select a data form to display at start up based on user group.
B) Set a default POV by user group.
C) Select a color scheme.
D) Add or Hide cards.

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

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

3. Which two statements are true about Enterprise Journals? (Choose two.)

A) You can assign a team as preparer or reviewer.
B) Line items can only include entities that have been enabled for Enterprise Journals.
C) You cannot deploy Enterprise Journals to a period with Pending status.
D) Users with either the Service Administrator or Power User role can create Enterprise Journal templates.

4. Which statement is FALSE about the Equity Pickup feature?

A) Equity Pickup rules are run on demand from the Rules card by users with launch permission.
B) Seeded rule sets are provided for Equity Pickup.
C) Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.
D) Equity Pickup rules run as part of the consolidation process

5. When do you enable submission phases for your approval process?

A) When you set up the approval unit hierarchy
B) When you assign the approval unit hierarchy to a scenario, period, and year
C) When you start the approval process for an approval unit on the Manage Approvals page
D) When you set the member properties for the entity

Solutions: