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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q163-Q168):

NEW QUESTION # 163
Which is NOT a Financial Consolidation and Close task that you can perform using EPM Automate?

A. Import journals
B. Run a business rule
C. Load a data file
D. Export metadata

Answer: D

Explanation:
Exporting metadata is not a Financial Consolidation and Close task that you can perform using EPM Automate. EPM Automate is a command-line tool that allows you to automate various tasks in Financial Consolidation and Close, such as importing journals, running a business rule, loading a data file, etc. However, exporting metadata is not one of the supported tasks. To export metadata, you need to use the Migration tool in the web interface or the Smart View extension for Microsoft Office.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 83-84; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 11-1.

NEW QUESTION # 164
Once metadata
is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?

A. OK
B. System Changed (SC)
C. Need Translate
D. Impacted

Answer: B

Explanation:
The entity's calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.
locking_and_unlocking_entities.html

NEW QUESTION # 165
What is
the function of Source Mapping in Data Management?

A. Map local dimension members to the application dimension members.
B. Manage source periods in relation to global periods.
C. Define the close calendar periods.
D. Defined the input currency for each data source supplying data to the application.

Answer: D

Explanation:
Data Management supports the ability to load data that is of a currency different from the default currency of the selected location. This option enables you to specify the location in the input line that specifies the currency for the related amount field.

NEW QUESTION # 166
You want to display a single value in a financial dashboard from a single cell in a form.
Which type of chart would you select?

A. Bar
B. Gauge
C. Tile
D. Line

Answer: C

Explanation:
To display a single value in a financial dashboard from a single cell in a form, you would select a Tile chart. A Tile chart is a type of chart that shows a single value with an optional label and icon. You can use a Tile chart to highlight a key performance indicator or a summary metric from your data. The other types of charts, such as Bar, Gauge, and Line, are not suitable for displaying a single value from a single cell. They are used to display multiple values or comparisons across different dimensions or categories.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 53; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 4-10.

NEW QUESTION # 167
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

A. Provide predictive analysis and modeling.
B. Integrate with source systems.
C. Ensure security of sensitive data.
D. Provide a strong compliance framework that includes auditing and segregation of duties.

Answer: B,C,D

NEW QUESTION # 168
......

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