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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q148-Q153):

NEW QUESTION # 148
Which two statements are true about shared members in Valid Intersection rules? (Choose two.)

A. If a shared member is selected for a rule, the primary instance of the member is selected as well.
B. If the primary instance of the member is selected for a rule, all shared members for the instances are included.
C. Selecting the primary instance of a member does not include shared members.
D. Selecting a shared member for a rule does not include its primary instance.

Answer: B,D

Explanation:
The following statements are true about shared members in Valid Intersection rules:
If the primary instance of the member is selected for a rule, all shared members for the instances are included. This means that data can be entered or calculated for any shared member of the primary member.
Selecting a shared member for a rule does not include its primary instance. This means that data can be entered or calculated only for the specific shared member, not for the primary member or other shared members. The other statements are not true about shared members in Valid Intersection rules. If a shared member is selected for a rule, the primary instance of the member is not selected as well. Selecting the primary instance of a member does include shared members.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 69; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-6.

NEW QUESTION # 149
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

A. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
B. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
C. The Cash Change hierarchy cannot be modified.
D. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
E. Siblings can be added to the FCCS_CashFlow_Investing member.
F. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.

Answer: A,B,E,F

NEW QUESTION # 150
Which statement is FALSE about Task Manager schedules?

A. You can still add tasks to a schedule that has been closed.
B. To start all the tasks in a schedule, you must change the status from Pending to Open.
C. Users can still complete tasks in a schedule that has been closed.
D. You can re-open a schedule that has been locked.

Answer: A

Explanation:
The statement that is false about Task Manager schedules is: You can still add tasks to a schedule that has been closed. This is false because you cannot add tasks to a schedule that has been closed; you can only add tasks to a schedule that is open or pending. Closing a schedule means that the schedule is completed and no further changes are allowed. The other statements are true about Task Manager schedules. Users can still complete tasks in a schedule that has been closed, as long as the tasks are not past due. You can re-open a schedule that has been locked, as long as you have the Unlock Schedule role assignment. To start all the tasks in a schedule, you must change the status from Pending to Open, which triggers the task start dates and due dates.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 43;Oracle Financial Consolidation and Close Cloud Service User's Guide, page 8-4.

NEW QUESTION # 151
In Data Integration, for what purpose do you use Workbench?

A. To review mapping of source to target members
B. To configure data load options
C. To define dimension mapping
D. To edit the data load file format

Answer: A

Explanation:
The purpose of using Workbench in Data Integration is to review mapping of source to target members. Workbench allows you to view and edit how source data members are mapped to target application members. You can also validate, test, and run integrations from Workbench. The other options are not purposes of using Workbench in Data Integration. To edit the data load file format, you use File Format Editor. To define dimension mapping, you use Dimension Mapping Editor. To configure data load options, you use Application Details dialog boxOracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 41;Oracle Financial Consolidation and Close Cloud Service User's Guide, page 9-4.

NEW QUESTION # 152
What is
the function of Source Mapping in Data Management?

A. Map local dimension members to the application dimension members.
B. Define the close calendar periods.
C. Defined the input currency for each data source supplying data to the application.
D. Manage source periods in relation to global periods.

Answer: C

Explanation:
Data Management supports the ability to load data that is of a currency different from the default currency of the selected location. This option enables you to specify the location in the input line that specifies the currency for the related amount field.

NEW QUESTION # 153
......

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