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NEW QUESTION 49
Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? (Choose three.)

  • A. Provide predictive analysis and modeling.
  • B. Ensure security of sensitive data.
  • C. Provide a strong compliance framework that includes auditing and segregation of duties.
  • D. Integrate with source systems.

Answer: B,C,D

 

NEW QUESTION 50
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?

  • A. The data export format / file extension is always extracted in a DAT file format.
  • B. The data export format / file extension is always extracted in a ZIP file format.
  • C. The data export format / file extension is always extracted in a CSV file format.
  • D. The data export format / file extension is always extracted in a XLS file format.

Answer: C

Explanation:
D18912E1457D5D1DDCBD40AB3BF70D5D
The system creates an export file for each artifact (.csv).

 

NEW QUESTION 51
A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)

  • A. dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
  • B. robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
  • C. provide the ability to collaborate during close and analyse transaction detail in real time
  • D. leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
  • E. a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards

Answer: A,E

 

NEW QUESTION 52
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