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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q64-Q69):

NEW QUESTION # 64
If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?

A. The associated Intercompany member must be manually removed.
B. The alias of the associated Intercompany member is automatically updated.
C. The associated Intercompany member is automatically removed.
D. The alias of the associated Intercompany member must be manually changed.

Answer: B

NEW QUESTION # 65
When can the Intercompany Dimension be enabled and n=made visible within your application?

A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
B. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute
C. during application creation and selecting the Intercompany Data feature option
D. during application creation and selecting Multi-source Data Input of Other Data

Answer: C

NEW QUESTION # 66
Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

A. Scenario, Account, Base Entity and Parent Entity
B. Year, Scenario, Base Entity and Account
C. Scenario, View, Parent Entity and Account
D. Period, Scenario, Base Entity and Parent Entity

Answer: D

NEW QUESTION # 67
Where can you set the default member for the Currency dimension in a Data Integration integration?

A. Options tab of the Application Details dialog box
B. Run Integration dialog box
C. Map Members tab in the Create Integration dialog box
D. Location Attributes in the Create Integration dialog box

Answer: D

Explanation:
The default member for the Currency dimension in a Data Integration integration can be set in the Location Attributes in the Create Integration dialog box. This attribute specifies the currency that will be used for loading data if no currency mapping is defined. The other options do not allow setting the default member for the Currency dimension. The Map Members tab in the Create Integration dialog box is used to map members from source to target dimensions. The Options tab of the Application Details dialog box is used to set general options for Data Integration, such as logging level, parallel threads, etc. The Run Integration dialog box is used to execute an integration and monitor its status.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 41; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 8-4.

NEW QUESTION # 68
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)

A. FCCS_Journal Input
B. FCCS_No Data Source
C. FCCS_PCON
D. FCCS_Intercompany Eliminations

Answer: A,D

Explanation:
Optional - Only if selected during application creation.https://www.bisptrainings.com/pdf/pdf_docs/OracleFCCSGettingStartedGuideII-20191116111928.pdf

NEW QUESTION # 69
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