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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q62-Q67):

NEW QUESTION # 62
Which two statements are true about Enterprise Journals? (Choose two.)

A. Users with either the Service Administrator or Power User role can create Enterprise Journal templates.
B. You can assign a team as preparer or reviewer.
C. Line items can only include entities that have been enabled for Enterprise Journals.
D. You cannot deploy Enterprise Journals to a period with Pending status.

Answer: B,C

Explanation:
The two statements that are true about Enterprise Journals are:
Line items can only include entities that have been enabled for Enterprise Journals. You can enable or disable entities for Enterprise Journals in the Entity dimension properties.
You can assign a team as preparer or reviewer. You can create teams of users and assign them roles in the Enterprise Journal workflow.
The other statements are false. You can deploy Enterprise Journals to a period with any status, as long as it is not locked. Users with either the Service Administrator or Power User role can create Enterprise Journal templates, but they also need the Create Journal Template role assignment.Oracle Financial Consolidation and Close 2023 Implementation Essentials Exam Study Guide, page 25; [Oracle Financial Consolidation and Close Cloud Service User's Guide], page 6-2.

NEW QUESTION # 63
Which two statements are correct with regard to Data Management locations? (Choose two.)

A. Locations must specify an import format, which may be used by other locations.
B. Location security allows users to be provisioned in Shared Services for read or modify access to each location.
C. A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
D. The logic account group is required in order to effect running of calculations after the data load.
E. Data load rules can be shared across locations.
F. Locations can share dimension member mappings by specifying a location as a parent location of others.

Answer: A,F

NEW QUESTION # 64
Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

A. Grid
B. Chart
C. Header
D. Footer

Answer: A,B

Explanation:
Grid and Chart are two types of insertable report objects when designing a report in Financial Reporting Studio. Financial Reporting Studio is a tool that allows you to create reports based on the data in Financial Consolidation and Close using various report objects, such as grids, charts, text boxes, images, etc. A Grid report object displays data in rows and columns with optional calculations and formatting. A Chart report object displays data in graphical form with different chart types, such as bar, pie, line, etc. The other options, such as Header and Footer, are not insertable report objects but report sections that can contain report objects.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 51-52; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 4-2.

NEW QUESTION # 65
What action requires refreshing the database?

A. You edit the Consolidation Operator for a member in the Account dimension.
B. You edit the alias for a member in the Entity dimension.
C. You deploy a new Configurable Calculation rule in Calculation Manager.
D. You change the ownership percentage for an entity.

Answer: B

Explanation:
The action that requires refreshing the database is editing the alias for a member in the Entity dimension. Refreshing the database is a process that synchronizes the changes made to metadata with the data stored in the database. You need to refresh the database after making changes to metadata that affect data aggregation or calculation, such as editing member names, formulas, consolidation operators, etc. Editing the alias for a member in the Entity dimension is one of such changes, because it affects how data is displayed in reports and forms. The other actions do not require refreshing the database. Deploying a new Configurable Calculation rule in Calculation Manager, changing the ownership percentage for an entity, and editing the Consolidation Operator for a member in the Account dimension do not affect data aggregation or calculation.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 21; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 2-4.

NEW QUESTION # 66
What information is included in the data extract export file delimited format?

A. the domain and application name
B. the ID of the user performing the extract
C. the application name
D. the data load cube name

Answer: B

NEW QUESTION # 67
......

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HOT 1Z0-1081-24 Real Dumps - High Pass-Rate Oracle Oracle Financial Consolidation and Close 2024 Implementation Professional - 1Z0-1081-24 Books PDF

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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q62-Q67):

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