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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q159-Q164):NEW QUESTION # 159
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 not work since the UD5 member referenced does not start with FCCS_
- B. The script will not work since Data Management does not support scripting.
- C. The script will work if the script is referenced in the In mapping type with #SQL as the target.
- 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 Explicit mapping type with #SQL as the target.
Answer: C
NEW QUESTION # 160
You need
a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?
- A. Journal Report
- B. Consolidation Report
- C. Financial Report
- D. Intercompany Report
Answer: B
NEW QUESTION # 161
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?
- A. Entity, Currency, Account
- B. Consolidation, Currency, Account
- C. Currency, Account, Movement
- D. Entity, Consolidation, Currency
Answer: C
NEW QUESTION # 162
Which four sample ratios can be selected during business process creation? (Choose four.)
- A. Inventory Ratios
- B. Gross Margin
- C. Earnings per Share
- D. Contribution Margin
- E. Debt Ratio
- F. Days Sales in Receivables
Answer: A,B,E,F
Explanation:
The four sample ratios that can be selected during business process creation are Inventory Ratios, Debt Ratio, Days Sales in Receivables, and Gross Margin. These ratios are predefined calculations that can be used to measure the financial performance and position of an entity. You can select one or more of these ratios when creating a business process in Financial Consolidation and Close. The other options, such as Contribution Margin and Earnings per Share, are not sample ratios that can be selected during business process creation.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 14; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 2-6.
NEW QUESTION # 163
Which two statements are true about Cash Flow in the Movement dimension?
- A. The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow
- B. You can add shared members to the FCCS_CashChange hierarchy.
- C. The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the
- D. When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member
Answer: A,D
NEW QUESTION # 164
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