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Oracle Financial Consolidation and Close 2023 Implementation Professional Sample Questions:

1. Which customization can you perform on the Navigation Flows page?

A) Add or Hide cards.
B) Set a default POV by user group.
C) Select a data form to display at start up based on user group.
D) Select a color scheme.

2. Which of the following is allowed for accounts with the data storage type of Dynamic Calc?

A) Load data to this account.
B) Enter data through a data form.
C) Create member formulas.
D) Load data to this account and create member formulas.

3. Which statement about Opening Balance Override rules is true?

A) You can select which entities to include in the rule scope.
B) They are available only if Intercompany Data with Tracking is enabled for the business process.
C) You can select which accounts to include in the rule scope.
D) Opening Balance Override rules execute for the first period in the year only.

4. How do you navigate if you want to export a form to a Snapshot file?

A) From the Home page, select Tools, and then Migration.
B) From the Home page, select Tools, and then Clone Snapshot.
C) From the Navigator menu, select Forms.
D) Open the form, select Actions, and then Export.

5. 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 the member properties for the entity
C) When you start the approval process for an approval unit on the Manage Approvals page
D) When you set up the approval unit hierarchy

Solutions: