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Oracle Financial Consolidation and Close 2022 Implementation Professional Questions and Answers

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Question 1

What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?

Options:

A.

FCCS_Entity Total

B.

FCCS_Parent Currency

C.

FCCS_Contribution

D.

FCCS_EntityConsolidation

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Question 2

Which two statements are true of the roll forward calculation in the Movement dimension?

Options:

A.

Values for base-level Movement members are calculated as the difference between Closing Balance and

Opening Balance.

B.

Translated values for Closing Balance are adjusted to the ending rate for the period.

C.

Values for Opening Balance are retrieved from the prior period Closing Balance.

D.

Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

Question 3

In the Movement dimension, for which two can you modify the default translation calculation?

Options:

A.

Base-level members under FCCS_Mvmts Subtotal

B.

Opening Balance

C.

Closing Balance

D.

Opening Balance Input

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