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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. What action requires refreshing the database?

A) You edit the alias for a member in the Entity dimension.
B) You change the ownership percentage for an entity.
C) You edit the Consolidation Operator for a member in the Account dimension.
D) You deploy a new Configurable Calculation rule in Calculation Manager.

2. Which statement is true of journals created from Recurring templates?

A) The line items in journals created from Recurring templates are read only.
B) The initial status of journals created from Recurring templates is Posted.
C) Journals for recurring templates are created automatically when you open a period for journals.
D) The initial status of journals created from Recurring templates is Approved.

3. 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.

4. How do you navigate if you want to export a form to a Snapshot file?

A) From the Home page, select Tools, and then Clone Snapshot.
B) From the Home page, select Tools, and then Migration.
C) From the Navigator menu, select Forms.
D) Open the form, select Actions, and then Export.

5. Which of the following is allowed for accounts with the data storage type of Dynamic Calc?

A) Create member formulas.
B) Enter data through a data form.
C) Load data to this account and create member formulas.
D) Load data to this account.

Solutions: