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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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