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Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
A. pre-built integrations to combine narrative and data to produce both internal and external reporting packages
B. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow
C. calculations, dashboards and reports built on planning frameworks to provide cash flow planning
D. calculations, dashboards and reports to provide analysis for cash flow modeling
Answer: B
NEW QUESTION # 48
In Data Integration integrations, which two attributes are linked to the location selected for the integration? (Choose two.)
A. Member mappings
B. Data tile name
C. Scenario
D. Target application
Answer: A,D
Explanation:
In Data Integration integrations, the two attributes that are linked to the location selected for the integration are:
Target application: This is the application where the data will be loaded to. You can select only one target application per location.
Member mappings: These are the rules that map the source data members to the target application members. You can create or edit member mappings for each location.
The other options are not linked to the location. The scenario is selected in the Execute Integration dialog box, and the data file name is specified in the Workbench.Oracle 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 # 49
What is the result of enabling the Calculate Movements system rule?
A. The current period's movement value is calculated as the difference between Closing Balance Input and Opening Balance.
B. Closing Balance is aggregated from Opening Balance and the current period's movement value.
C. To support forecasting and budgeting, periodic movements are calculated from the quarterly or annual target values that are entered.
D. Level 0 movement members become read only in web forms, and must be populated through data load.
Answer: B
Explanation:
The result of enabling the Calculate Movements system rule is: Closing Balance is aggregated from Opening Balance and the current period's movement value. The Calculate Movements system rule is a predefined rule that calculates the movement values for each account based on the opening balance and closing balance input values. The rule also aggregates the closing balance from the opening balance and the current period's movement value. The rule can be executed manually or automatically depending on the application settings. The other options are not results of enabling the Calculate Movements system rule.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 59-60; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 9-4.
NEW QUESTION # 50
PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?
A. First common parent
B. Generation 0
C. First order relation
D. Lowest common denominator
Answer: A
NEW QUESTION # 51
When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
A. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
B. The script will not work since the UD5 member referenced does not start with FCCS_
C. The script will not work since Data Management does not support scripting.
D. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
E. The script will work if the script is referenced in the In mapping type with #SQL as the target.
Answer: E
NEW QUESTION # 52
......
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