Oracle FCCs Certification Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct | Grade A

Oracle FCCs Certification Exam (Latest
2024/ 2025 Update) Questions and Verified
Answers| 100% Correct | Grade A

To which four can security be applied?
A. Smart Lists
B. Task Lists
C. Member Lists
D. Journals
E. Reports
F. Forms
BDEF
Which two options are available for configuring currencies in the Setup
Wizard?
A. Select rate account type for Flow and Balance accounts
B. Select the main currency
C. Select translation methods for Flow and Balance accounts
D. Select Yes for the Multicurrency option
BD
Which three option are available for Time Period when creating
Financial Consolidation and Close business process?
A. Create QTD members
B. Allow daily members
C. Create HYTD members
D. First month of fiscal year
E. 13 month
CDE

,Which one of the following properties can be modified for pre-seeded
members of an account dimension?
A. Member Name
B. Data Storage
C. Data Type
D. Account Type
E. Alias
E
Which of these dimensions might present consolidation performance
issues if you use member formulas?
A. Period
B. Movement
C. Entity
D. Account
B
Which dimension can have shared members prior to primary members?
A. Intercompany
B. Period
C. Custom
D. Movement
E. Entity
E
Which of the following is allowed for accounts with the data storage
type of "Dynamic Calc"?
A. Create member formulas
B. Load data to this account
C. Enter data through a data form
D. Load data to this account and create member formulas
A

,Which three standard dimensions are optional in FCC?
A. Intercompany
B. Multi-GAAP
C. Currency
D. Movement
E. Custom
ABC
Which two statements are true?
A. Anchor dimensions are either required or not required
B. Anchored Dimensions are always required dimensions
C. Nonanchor dimensions are always required dimensions
D. Nonanchor dimensions are either required or not required
BD
Which two roles allows a user to create and start the approval process
for Process Control units and journals?
A. User
B. Service Admin
C. Viewer
D. Power User
BD
Which statement is true about valid intersection rule?
A. They support substitution variables as well as user variables
B. They support substitution variables only
C. They support user variables only
D. They do not support variables
B
A user has been granted the Viewer role. Which two actions can he
perform?
A. Create Smart View Worksheets

, B. View data through Forms
C. Consolidate data
D. Drill through to source system
BD
Which two statements are true about Valid Intersection Rules?
A. They must use the same dimensions that were defined within their
valid intersection group.
B. Valid intersection rules in different valid intersection groups that
produce an apparent redundancy or overlap, are marked valid if they
satisfy the requirements of all valid intersection groups.
C. Valid intersection rules in different valid intersection groups that
produce an apparent redundancy or overlap, are marked valid if they
satisfy the requirements of any of the valid intersection groups.
D. They can use the dimensions that were note defined within their valid
intersection group.
AB
Which three tasks are supported by Data Management?
A. Loading data from a fixed width or delimited data file
B. Writing back data to source system
C. Drilling through from a Web Form or Smart View
D. Loading data that is period-to-date or year-to-date
E. Loading a metadata import file
ACD
The term category in data management can also be thought of as which
dimension?
A. Entity
B. Account
C. Scenario
D. Multi-GAAP
E. Period