Oracle fccs exam 2024 - Study guides, Class notes & Summaries

FCCs Oracle Certification Exam |Questions and Verified Answers| 100% Correct | A Grade (2024/ 2025) QUESTION When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension: WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'ELSE 'SALES'Which statement is True? A. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales. B. The script will work if the scr...

Oracle FCCs Certification Practice Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct | Grade A Q: Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite? A. Process Management B. Account Reconciliation Management C. Data Management D. Supplemental Data Management E. Financial Close Management Answer: Account Reconciliation Management Q: A client company has expanded quickly in t...

Oracle FCCs Certification Exam (New 2024/2025 Update) Questions and Verified Answers| 100% Correct | A Grade QUESTION Which item is NOT defined when creating valid intersection groups? Answer: whether the anchor members specified are valid or invalid QUESTION What are two important first steps in initially setting up Close Manager? Create a schedule and set it to Open status. Set up Users. Assign tasks to users. Define system settings such as Organization units, H...

Oracle FCCS Certification Questions 2024 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH DETAILED ANSWERS

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ORACLE FCCS CERTIFICATION EXAM 2024 ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS ALREADY GRADED A+ 24. Which exchange rate is used to translate data for the Opening Balance Adjustment member for nonhistorical accounts? a. current period Average Rate b. current period Ending Rate c. current period Opening Rate d. prior period Ending Rate - CORRECT ANSWER--b. current period Ending Rate A client company has expanded quickly in the past year and has recognized the need to m...

Oracle FCCS Exam Test 2023 Questions and Answers In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month? A. when the tasks are repeatable over multiple close cycles B. when the tasks require consistent definition across close schedules C. when the tasks are often late in completion and they need to be monitored more closely D. when the tasks require multiple levels of approvers Correct Answer A. when the tasks are re...

Oracle FCCS Certification Exam 2023 Questions and Answers| 100% Correct Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc. Which process produces USD balances for Company IOU?

FCCS Cert Exam Questions With Correct Answers Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? - answerConsolidation, Currency, Account Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? - answerEnsure security of sensitive data. Integrate with source systems. Provide a strong compliance framework that includes aud...