What is the status for all entities after a successful database refresh?

Prepare for your Oracle Financial Consolidation and Close (FCC) Certification Exam with diverse questions and insightful explanations. Excel in your certification journey with confidence.

After a successful database refresh, the status for all entities is classified as "System Changed" (SC). This status indicates that the system has been reconfigured or modified in a way that may affect the entities within the database. A database refresh typically involves updating the data with a new set of information or configurations, which can lead to changes that require users to acknowledge and initiate any necessary follow-up actions.

This status serves as a clear indicator to users that there are new conditions or adjustments that they need to be aware of post-refresh. It prompts users to review any implications of the refresh on their reporting or analysis processes. Consequently, a status of "System Changed" effectively communicates the need for users to confirm and possibly update their work, ensuring that the most current data and setting are utilized in their financial processes.

Other statuses like "Impacted," "Need Translate," or "OK" do not encompass the comprehensive implications of a database refresh in the same way "System Changed" does, making it the most appropriate choice for this scenario.

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