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Download Oracle Financial Consolidation and Close 2022 Implementation Professional Exam Dumps

NEW QUESTION 21
How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?

  • A. During application creation, select the Multicurrency option of “No” and insert additional currencies within the Currency dimension.
  • B. Enable a dimension for Currency after application creation via a Metadata load.
  • C. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.
  • D. During application creation, select the Multicurrency option of “Yes”.

Answer: B

Explanation:
Enable a dimension for Currency after application creation via a Metadata load.

 

NEW QUESTION 22
Which four items are active components of the Currency dimension? (Choose four.)

  • A. Translated Currencies
  • B. Entity Currency Adjustments
  • C. Parent Currency
  • D. Input Currencies
  • E. Reporting Currencies
  • F. Entity Currency

Answer: B,C,D,E

Explanation:
You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.

 

NEW QUESTION 23
You need
a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules.
Which type of report can you run to accomplish this?

  • A. Consolidation Report
  • B. Intercompany Report
  • C. Journal Report
  • D. Financial Report

Answer: A

 

NEW QUESTION 24
……

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