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Oracle Financial Consolidation and Close 2022 Implementation Professional Sample Questions (Q19-Q24):

NEW QUESTION # 19
You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

A. The task will not run.B. The schedule end date changes to match the end date of the task.C. An error, you can't add a new task past the due date.D. The new task will run outside of the schedule end date.

Answer: B

Explanation:
When you add a new task to a schedule, it automatically is scheduled to start on the project's start date. As tasks are added to the schedule and connected to other tasks, the start times of tasks will change, and the last task to finish determines the project's finish date.


NEW QUESTION # 20
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?

A. by selecting Dimension, then Import, and then MetadataB. by selecting Application, then Overview, then Dimensions, and then ImportC. by selecting Tasks, then Metadata, and then ImportD. by selecting Application, then Overview, then Dimensions, and then Export

Answer: B


NEW QUESTION # 21
Which four
sample ratios can be selected during business process creation?

A. Contribution MarginB. Debt RatioC. Earnings per ShareD. Gross MarginE. Inventory RatiosF. Days Sales in Receivables

Answer: A,C,D,F


NEW QUESTION # 22
Which four sample ratios can be created during the application creation process? (Choose four.)

A. Debt RatioB. Gross MarginC. Days Sales in ReceivablesD. Earnings per ShareE. Inventory RatiosF. Contribution Margin

Answer: A,B,C,E


NEW QUESTION # 23
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?

A. calculations, dashboards and reports built on planning frameworks to provide cash flow planningB. pre-built integrations to combine narrative and data to produce both internal and external reporting packagesC. calculations, dashboards and reports as well as detailed data source tracking and an automated cash flowD. calculations, dashboards and reports to provide analysis for cash flow modeling

Answer: C


NEW QUESTION # 24
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