FCCS Cert Exam 2026 Questions and
Answers
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation
path through which dimension combination? - Correct answer-Consolidation,
Currency, Account
Which three key requirements does the Financial Consolidation and Close Cloud
Service (FCCS) deliver to ensure a modern consolidation and close solution? -
Correct answer-Ensure security of sensitive data.
Integrate with source systems.
Provide a strong compliance framework that includes auditing and segregation of
duties.
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? - Correct answer-robust
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,consolidation engine that provides automated aggregations, intercompany
eliminations and translations without requiring a strong IT footprint
a configurable reporting solution with prebuilt dimensions, KPIs, reports along
with a process to adjust data, monitor the close status and view data and
compliance results in dashboards
Which solution is delivered by the Financial Consolidation and Close Cloud
Service? - Correct answer-an automated and integrated solution to manage the
financial consolidation month-end close process
Which financial close related component requires a separate subscription and is not
included in the Financial Consolidation and Close Cloud suite subscription? -
Correct answer-Account Reconciliation Management
Which components are pre-built into Financial Consolidation and Close Cloud
Service to provide a configurable and scalable consolidation solution? - Correct
answer-calculations, dashboards and reports as well as detailed data source
tracking and an automated cash flow
What is the recommended step a Financial Consolidation and Close Cloud
administrator should take to facilitate the backup process? - Correct answer-
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, Identify a one-hour window convenient to users, then use the Tools, Daily
Maintenance window to identify that time for Oracle to run their backup process.
On what days during the month does Oracle apply patch updates to fix bugs, apply
code optimizations, and add new features? - Correct answer-the first and third
Friday of each month; first Friday for TEST and third Friday for PROD
For which three tasks can Data Management be used? - Correct answer-loading
data from a fixed width or delimited text file
drilling through from a web form or Smart View
loading data that is period-to-date or year-to-date
Which task CANNOT be completed by using Data Management? - Correct
answer-Load journal data to Financial Consolidation and Close (FCCS)
Which three fields must be defined when registering a file-based source system in
Data Management? - Correct answer-Name
Description
Drill URL
For which three levels can Profiles be set in Data Management? - Correct answer-
User
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Answers
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation
path through which dimension combination? - Correct answer-Consolidation,
Currency, Account
Which three key requirements does the Financial Consolidation and Close Cloud
Service (FCCS) deliver to ensure a modern consolidation and close solution? -
Correct answer-Ensure security of sensitive data.
Integrate with source systems.
Provide a strong compliance framework that includes auditing and segregation of
duties.
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? - Correct answer-robust
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,consolidation engine that provides automated aggregations, intercompany
eliminations and translations without requiring a strong IT footprint
a configurable reporting solution with prebuilt dimensions, KPIs, reports along
with a process to adjust data, monitor the close status and view data and
compliance results in dashboards
Which solution is delivered by the Financial Consolidation and Close Cloud
Service? - Correct answer-an automated and integrated solution to manage the
financial consolidation month-end close process
Which financial close related component requires a separate subscription and is not
included in the Financial Consolidation and Close Cloud suite subscription? -
Correct answer-Account Reconciliation Management
Which components are pre-built into Financial Consolidation and Close Cloud
Service to provide a configurable and scalable consolidation solution? - Correct
answer-calculations, dashboards and reports as well as detailed data source
tracking and an automated cash flow
What is the recommended step a Financial Consolidation and Close Cloud
administrator should take to facilitate the backup process? - Correct answer-
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, Identify a one-hour window convenient to users, then use the Tools, Daily
Maintenance window to identify that time for Oracle to run their backup process.
On what days during the month does Oracle apply patch updates to fix bugs, apply
code optimizations, and add new features? - Correct answer-the first and third
Friday of each month; first Friday for TEST and third Friday for PROD
For which three tasks can Data Management be used? - Correct answer-loading
data from a fixed width or delimited text file
drilling through from a web form or Smart View
loading data that is period-to-date or year-to-date
Which task CANNOT be completed by using Data Management? - Correct
answer-Load journal data to Financial Consolidation and Close (FCCS)
Which three fields must be defined when registering a file-based source system in
Data Management? - Correct answer-Name
Description
Drill URL
For which three levels can Profiles be set in Data Management? - Correct answer-
User
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
