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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

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

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

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

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

3. The company PQR has an ownership structure as shown below.

H_1 has an intercompany transaction with P_2. For which entity or entities does consolidation need to be run in order for the transaction to be eliminated?

A) H 1 and P 2
B) No elimination is performed, because H 1 and P 1 do not have the same parent.
C) PQR
D) Hickory and Paducah

4. For which task categories is Audit enabled by default?

A) Journals
B) Data only
C) No task categories
D) All task categories

5. Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

A) Control
B) Consolidation Method
C) Ownership Percentage
D) Minority Interest Percentage
E) Consolidation Percentage

Solutions: