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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q140-Q145):NEW QUESTION # 140
Where do you set the Intercompany Entities Aggregation option?
  • A. In the Setup Wizard during business process creation
  • B. In the member properties of the Intercompany Top member
  • C. In the member properties of the Intercompany Entities member
  • D. On the Properties page of the Intercompany dimension
Answer: C
Explanation:
The place where you set the Intercompany Entities Aggregation option is in the member properties of the Intercompany Entities member. This is a system member in the Entity dimension that represents all entities that have intercompany data. You can set its aggregation option to either Dynamic Calc or Store, depending on whether you want to calculate or store its values. The other options are not places where you set the Intercompany Entities Aggregation option. In the member properties of the Intercompany Top member, you can set other options related to intercompany data, such as Intercompany Partner, Intercompany Elimination Entity, and Intercompany Elimination Method, but not Intercompany Entities Aggregation. On the Properties page of the Intercompany dimension, you can set options related to intercompany matching reports, such as Report Currency and Report Precision, but not Intercompany Entities Aggregation. In the Setup Wizard during business process creation, you can enable or disable intercompany data for your business process, but not set Intercompany Entities Aggregation.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 35;Oracle Financial Consolidation and Close Cloud Service User's Guide, page 5-11.

NEW QUESTION # 141
When defining a batch in Data Management, which statement is True?
  • A. A batch can load to multiple plan types.
  • B. A batch replaces the need for data load rules.
  • C. Batches can import from source or export to target, but not both.
  • D. Batches can execute data loads for multiple locations.
  • E. Each data load rule must specify the period or the batch will default to the POV period.
Answer: D

NEW QUESTION # 142
For which
three dimensions is security enabled by default?
  • A. Scenario
  • B. Consolidation
  • C. Entity
  • D. Account
  • E. Data Source
Answer: A,C,D
Explanation:
By default, the Account, Entity, Scenario, and Data Source dimensions.

NEW QUESTION # 143
When do you enable submission phases for your approval process?
  • A. When you assign the approval unit hierarchy to a scenario, period, and year
  • B. When you set up the approval unit hierarchy
  • C. When you set the member properties for the entity
  • D. When you start the approval process for an approval unit on the Manage Approvals page
Answer: B
Explanation:
You enable submission phases for your approval process when you set up the approval unit hierarchy. Submission phases are optional steps that allow you to control the order and timing of data submission by different entities or groups of entities. You can define up to four submission phases for each approval unit hierarchy and assign entities to different phases. You can also set dependencies between phases to ensure that data is submitted in a sequential manner. Submission phases are not enabled when you start the approval process for an approval unit on the Manage Approvals page, when you set the member properties for the entity, or when you assign the approval unit hierarchy to a scenario, period, and year.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 28-29; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 6-9.

NEW QUESTION # 144
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 Data Management does not support scripting.
  • B. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales.
  • C. The script will work if the script is referenced in the Explicit mapping type with #SQL as the target.
  • D. The script will not work since the UD5 member referenced does not start with FCCS_
  • E. The script will work if the script is referenced in the In mapping type with #SQL as the target.
Answer: E

NEW QUESTION # 145
......
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