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Oracle Financial Consolidation and Close 2024 Implementation Professional Sample Questions (Q86-Q91):

NEW QUESTION # 86
What is the correct Currency dimension member to select when running an Intercompany Matching Report?

Answer: C

Explanation:
Currency (Must be a Reporting Currency)
setting_up_intercompany_matching_reports.html


NEW QUESTION # 87
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

Answer: C,D,E

Explanation:
The three components that can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled are Consolidation Percentage, Ownership Percentage, and Consolidation Method. These components are part of the ownership details that define how an entity is consolidated with its parent entity. You can manually edit these components on the Manage Ownership page for each entity, scenario, year, and period. The other components, such as Control and Minority Interest Percentage, are not editable on the Manage Ownership page. They are either calculated automatically based on the ownership percentage or derived from the consolidation method.Oracle Financial Consolidation and Close 2023 Implementation Essentials Study Guide, page 25-26; [Oracle Financial Consolidation and Close Cloud Service Administrator's Guide], page 5-6.


NEW QUESTION # 88
If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?

Answer: B


NEW QUESTION # 89
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored? (Choose two.)

Answer: D,F


NEW QUESTION # 90
Which item describes the use for the Currency dimension property Triangulation Currency?

Answer: E


NEW QUESTION # 91
......

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