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Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions (Q93-Q98):

NEW QUESTION # 93
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

A. Provide a strong compliance framework that includes auditing and segregation of duties.
B. Ensure security of sensitive data.
C. Provide predictive analysis and modeling.
D. Integrate with source systems.

Answer: A,B,D

NEW QUESTION # 94
Audit is enabled by default for which task categories?

A. All task categories
B. Metadata Administration and Security
C. Data only
D. No task categories

Answer: C

NEW QUESTION # 95
Which two statements are true regarding the Copy Data function?

A. You cannot select which Account members to copy.
B. You can select which Consolidation dimension member to copy.
C. You can copy data for historical rate and amount overrides.
D. When you select the Regular Data option, journals data is included.

Answer: C,D

Explanation:
You can copy these types of data:
Regular Data (including journals)
Override Data - rates and amounts entered on the Override Rates form for historical rate override accounts

NEW QUESTION # 96
When defining a batch in Data Management, which statement is True?

A. A batch can load to multiple plan types.
B. Batches can import from source or export to target, but not both.
C. Batches can execute data loads for multiple locations.
D. A batch replaces the need for data load rules.
E. Each data load rule must specify the period or the batch will default to the POV period.

Answer: C

NEW QUESTION # 97
Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

A. Currency
B. From Currency
C. Entity
D. Account

Answer: B

NEW QUESTION # 98
......

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