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Question #:1
If the Alias of an Entity that marked as “Is Intercompany” and is later
changed, what happens to the corresponding Intercompany member Alias?
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Answers
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A. The
Intercompany Alias is set to the Entity Name.
B. The Intercompany Alias is
automatically changed to the new Entity Alias.
C. The Intercompany Alias is not
automatically changed to the new Entity Alias.
D. The Intercompany Alias is
automatically set to the Intercompany Name.
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B
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Question #:2
Which components are pre-built into Financial Consolidation and Close Cloud
Service to provide a configurable and scalable consolidation solution?
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A.
pre-built integration to combine narrative and data to produce both
internal and external reporting packages
B. calculations, dashboards and
reports to provide analysis for cash flow modeling
C. calculations, dashboards and
reports as well as derailed data source tracking and an automated cash flow
D. calculations, dashboards and
reports built on planning frameworks to provide cash flow planning
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A
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Question #:3 PQR Company has the ownership
structure shown above.
If P_2 lends money to H_1, which point of view
would the credit balance that offsets P_2’s debit balance?
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A.
Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No
Intercompany
B. Entity Paducah, Consolidation
FCCS_Elimination, Intercompany FCCS_No Intercompany. Entity P_2,
Consolidation FCCS_Contribution, Intercompany ICP_H_1
C. Entity Paducah, Consolidation
FCCS_Elimination, Intercompany ICP_H_1
D. Entity P_2, Consolidation
FCCS_Contribution, Intercompany H_1
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C
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Question #:4
How is drill-back enabled to Supplemental Data Manager (SDM) from the
Supplemental Data member within the Multi-source dimension?
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A.
Drill-back to SDM is not an available feature.
B. Drill-back is available from any
Multi-source dimension member by default, know the source of the origination
data load.
C. By selecting Track Multi-source
Data Input option for Supplemental Data during the application creation
process.
D. By selecting Track Multi-source
Data Input option for Other Data during the application creation process.
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B
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Question #:5
When enabling Multi-GAAP during application creation, which additional option
is available?
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A.
Automatically calculate adjustment
B. Allow adjustments for IFRS
C. Track Multi-Source Data Input
D. Include Supplemental Data
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A
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Question #:6
You are required to define a form that displays all form data for only
specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct
member?
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A. a
column
B. Other Options section
C. the Page Axis
D. the Point of View
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D
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Question #:7
Which statement is FALSE when setting
up Shared Entities?
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A. The
calculation status will not change in all instances when data is changed in
one instance.
B. The Data Storage Member Property
must set to “Dynamic Calc”.
C. You build an alternate hierarchy by
using partial share Entity members.
D. When data is posted to one shared
entity, the data is posted to all instances.
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B
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Question #:8
Which three key requirements does the Financial Consolidation and Close Cloud
Service (FCCS) deliver to ensure a modern consolidation and close solution?
(Choose three.)
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A.
Ensure security of sensitive data.
B. Integrate with source systems.
C. Provide predictive analysis and
modeling.
D. Provide a strong compliance framework
that includes auditing and segregation of duties.
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ABD
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Question #:9
Which three tasks can users perform on Financial Consolidated Close Cloud
data with Smart View in Excel? (Choose three.)
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A.
Submit data
B. Adjust data with Journals
C. Retrieve data
D. Run a rule such as Consolidate or
Translate
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ACD
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Question #:10
What will Financial Consolidation and Close (FCCS) do when adding a new
member that is an expense type account under a parent that is set as an
income type account?
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A. this
setting will not affect additions or subtractions to the next parent
B. subtract amounts consolidated to
the parent
C. add amounts consolidated to the
parent
D. you can’t load data to this account
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B
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Question #:11
Which statement correctly describes
when a consolidation can occur within a given year/scenario?
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A. An
administrator runs Force Consolidate to force the consolidation of all
entities regardless of status or content.
B. The current period consolidation
status is Impacted and the remaining periods are OK.
C. A user has a power user access but
only write access to the entity.
D. A user with power user access first
locks the entity so that other users cannot consolidate the same entity.
E. The user specifies the desired
parent entity, Feb as the period, Actual as the scenario, and 2018 as the
year.
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B
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Question #:12
Which statement is false regarding establishing security for Financial
Consolidation and Close (FCCS)?
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A. All
members are accessible for dimensions with no security applied.
B. The Identity Domain Administrator
inherits full access privileges.
C. Security is mandatory for one
dimension.
D. Security can be assigned at a
parent level.
E. Security can be disabled for any
dimension.
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A
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Question #:13
When a Financial Consolidation and Close (FCCS) application was created, no
intercompany options were enabled.
Which statement is true?
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A. The
FCCS_No Intercompany member of the ICP dimension will be used for all data.
B. Data can be stored by intercompany
partner but no eliminations will occur.
C. An extra custom dimension will be
available.
D. The ICP dimension will be omitted.
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D
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Question #:14
If the Intercompany Property for an Entity is changed from marked to
unmarked, which result occurs?
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A. The
alias of the associated Intercompany member is automatically updated.
B. The associated Intercompany member
must be manually removed.
C. The associated Intercompany member
is automatically removed
D. The alias of the associated
Intercompany member must be manually changed..
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C
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Question #:15
On what days during the month does Oracle apply patch updates to fix bugs,
apply code optimizations, and add new features?
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A. the
third Friday of each month to apply to both TEST and PROD simultaneously
B. the first and third Monday of each
month; first Monday for TEST and third Monday for PROD
C. the second and fourth Friday of
each month; second Friday for Test and fourth Friday for PROD
D. the first and third Friday of each
month; first Friday for TEST and third Friday for PROD
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D
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Question #:16
When you set the Intercompany Account
Attribute Value to Yes, which additional attribute must also be set?
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A. Plug
Account
B. Intercompany Account
C. Is Plug Account
D. Intercompany Entity
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C
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Question #:17
Which explains why the Currency dimension does NOT display in your
application?
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A.
Security access to the Multi-GAAP dimension is required
B. Multi-Currency option was not
selected at application creation
C. Entity-specific security rights
were not properly granted
D. Security has not been granted
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B
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Question #:18
Which two statements are correct with regard to Data Management locations?
(Choose two.)
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A. A
company with three instances of Oracle EBS R12 should only use one location
to maintain proper accounting controls.
B. Location security allows users to
be provisioned in Shared Services for read or modify access to each location.
C. Locations can share dimension
member mappings by specifying a location as a parent location of others.
D. The logic account group is required
in order to effect running of calculations after the data load.
E. Locations must specify an import
format, which may be used by other locations.
F. Data load rules can be shared across
locations.
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CE
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Question #:19
When designing a report in Financial Reporting Studio, which item is NOT an
insert-able report object?
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A.
Chart
B. Grid
C. Image
D. Header
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D
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Question #:20
Which statement correctly describes
the Consolidation dimension?
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A. The
dimension contains members to store non-controlling interest and joint
venture data.
B. The dimension uses a separate
member to store data from an entity’s descendants.
C. The dimension allows users to see
input versus journal adjustment data.
D. The dimension aggregates input,
consolidated, and elimination data together.
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C
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Question #:21
Company 123 is a public company that reports in US Dollars. Company 123 owns
Company XYZ, a European company that consolidates in Euro. One of the Company
XYZ’s subsidiaries is Company IOU, headquartered in Switzerland with a
functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?
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A. A
translation to the USD_Reporting currency member for Company IOU
B. A translation of Company IOU
C. A consolidation of Company 123
D. A consolidation of Company XYZ
E. A translation of Company XYZ to
Parent Currency
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E
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Question #:22
When creating a member mapping for account Sales in Data Management, the
following script is entered.
UD5 refers to a Product custom dimension:
WHEN UD5 LIKE ‘CAR_%’ THEN ‘AUTO_SALES’ ELSE ‘SALES’
Which statement is True?
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A. The
script can be eliminated by using a multi-dim map on the Product dimension
that also looks for the account Sales.
B. The script will work if the script
is referenced in the In mapping type with #SQL as the target.
C. The script will not work since Data
Management does not support scripting.
D. The script will not work since the
UD5 member referenced does not start with FCCS_
E. The script will work if the script
is referenced in the Explicit mapping type with #SQL as the target.
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B
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Question #:23
What is the Data Storage value for an account that must remain at a
historical exchange rate and not retranslate with current rates?
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A.
Store
B. Never Share
C. No Rate
D. Dynamic Calc and Store
E. Dynamic
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A
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Question #:24
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate
in a translated currency?
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A.
Movement of FX impact for historical rate accounts to the FCCS_CTA
account
B. A variance in the Average rate and
the Ending rate
C. The current FCCS_CTA account
balance does not change from the prior period
D. The account is FCCS_Net Income
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AC
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Question #:25
P, Q, and R are children of a mid-level parent entity, AceCo. In February
each entity has cash in the amounts of 10, 20, and 30, respectively, and
AceCo has been consolidated and has cash of 60. A prior period adjustment to
Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
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A.
There is no way to do a prior period entry like this.
B. January and February should be
consolidated.
C. February should be consolidated,
after which the cash at AceCo is now 65.
D. January should be consolidated for
the change and nothing needs to happen for February.
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B
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Question #:26
You have added a new task to a close schedule with a task due date past the
defined end date of the schedule. What is the result of the change?
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A. The
new task will run outside of the schedule end date.
B. An error, you can’t add a new task
past the due date.
C. The schedule end date changes to
match the end date of the task.
D. The task will not run.
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B
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Question #:27
An entity’s Common Stock balance is made up of data loaded through Data
Management and an adjusting journal entry posted in the application. The
Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass
the default translation of equity accounts? (Choose two.)
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A. Data
entry to the Common Stock account with the FCCS_Amount Override member of the
Consolidation dimension and the Data Source member FCCS_Managed Data.
B. A journal entry to reverse the
adjusted Common Stock balance with the Data Source member FCCS_Journal Input.
C. A journal entry to the Common Stock
account with the FCCS_Amount Override member of the Consolidation dimension
and the Data Source member FCCS_Journal Input.
D. Data entry to the Common Stock
account with the Multi-GAAP FCCS_Adjustments member and the Data Source
member FCCS_Data Input.
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BD
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Question #:28
When setting an account property to a data storage type of “Dynamic Calc”
which two are allowed?
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A.
Member Formulas cannot be created
B. load data to this account and make
member formulas
C. load data to this account
D. create Member Formulas
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BD
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Question #:29
Which four sample ratios can be created during the application creation
process? (Choose four.)
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A.
Inventory Ratios
B. Contribution Margin
C. Debt Ratio
D. Earnings per Share
E. Days Sales in Receivables
F. Gross Margin
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ACEF
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Question #:30
What is the primary function of enabling the Track Intercompany Elimination
option during the application creation?
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A.
enables the Elimination member in the Consolidation dimension
B. process will separate total
elimination values by Data Source.
C. enables the application to include
Intercompany data.
D. enables the application to perform
Intercompany eliminations
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B
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Question #:31
How can Metadata be imported into any Financial Consolidation and Close
(FCCS) application?
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A. by
selecting Application, then Overview, then Dimensions, and then Export
B. by selecting Dimension, then
Import, and then Metadata
C. by selecting Application, then
Overview, then Dimensions, and then Import
D. by selecting Tasks, then Metadata,
and then Import
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C
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Question #:32
Which statement is true regarding
shared members and valid intersection rules?
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A.
Shared members are supported in valid intersection rules
B. If a shared member is selected for
a valid intersection rule, then the base member is not included in the rule
C. If a base member is included in a
valid intersection rule, then any shared member is not included in the rule
D. Shared members are not supported in
valid intersection rules
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A
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Question #:33
: 50
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PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1’s receivable
occurs as data from Hickory consolidates into PQR. What is this principle
called?
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A.
First common parent
B. Generation 0
C. First order relation
D. Lowest common denominator
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A
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Question #:34
How do you enable multiple currencies within a Financial Consolidation and
Close (FCCS) application?
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A.
Enable a dimension for Currency after application creation via a
Metadata load.
B. During application creation, select
the Multicurrency option of “No” and insert additional currencies within the
Currency dimension.
C. During application creation, select
the Multicurrency option of “Yes”.
D. Add a new label for a currency when
creating a new Entity member in the Reporting Currency attribute field.
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C
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Question #:35
Changes in the balance of Accounts Payable are captured on a company’s Cash
Flow Report.
Which two dimension members must be built into the row of the company’s Cash
Flow to report the impact of Accounts Payable? (Choose two.)
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A.
FCCS_Accounts Payable account member
B. FCCS_CashFlow_Operating movement
member
C. FCCS_CashFlow_Accounts Payable
account member
D. FCCS_Total Balance Sheet – Cash and
NonCash account member
E. FCCS_CashChange movement member
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DE
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Question #:36
Which three combinations of dimensions could be valid for a Financial
Consolidation and Close (FCCS) application? (Choose three.)
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A.
Period, Year, Entity
B. From Currency, Movement, Scenario
C. Multi-GAAP, Data Type,
Intra-company
D. Value, Entity, Account
E. Data source, Consolidation, View
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ABE
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Question #:37
Which statement is true regarding Data Management categories?
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A.
Categories are defined on the Global Mapping tab and then the
frequency is specified on the Application Mapping tab
B. Categories must begin with FCCS_ to
match their Financial Consolidation and Close counterparts.
C. Application mapping is not required
if the global mapping target category is exactly correct.
D. The category’s time frequency
allows data to be loaded to daily, weekly, and monthly scenarios.
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B
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Question #:38
Which two data extract export file types are available within Financial
Consolidation and Close (FCCS)? (Choose two.)
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A. DAT
file type
B. Excel XLS file type
C. Comma delimited
D. Tab delimited
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CD
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Question #:39
Which item describes the use for the
Currency dimension property Triangulation Currency?
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A. The
ability to force translations
B. The ability to report in multiple
currencies
C. The ability to calculate foreign
exchange rates
D. The ability to calculate CTA
(Cumulative Translation Adjustment)
E. The ability to input foreign
exchange rates
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C
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Question #:40
Which statement correctly describes what happens to parent entities during
consolidation?
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A. From
each child of the entity, data from the FCCS_Contribution Consolidation
dimension member is added together and stored in the FCCS_Entity
Consolidation member of the entity.
B. The changes in the relational
database are synced to the underlying Essbase cube.
C. Since parent entities are tagged as
dynamic calc, the consolidation has no effect on the entity dimension.
D. The data in the FCCS_Intercompany
Eliminations Data Source dimension member is subtracted from the
FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant
and then added together.
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A
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Question #:41
Which dimension includes the FCCS_Global Assumption member that is used to
store currency information?
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A.
Account
B. From Currency
C. Entity
D. Currency
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C
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Question #:42
Which two members of the Data Source dimension are optional when you create a
Financial Consolidation
and Close (FCCS) application? (Choose two.)
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A.
FCCS_Journal Input
B. FCCS_PCON
C. FCCS_Intercompany Eliminations
D. FCCS_No Data Source
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AC
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Question #:43
What member of the Consolidation dimension aggregates the Proportion member
and the Elimination members?
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A.
FCCS_Entity Total
B. FCCS_Parent Currency
C. FCCS_Contribution
D. FCCS_Entity Consolidation
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c
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Question #:44
Which four items are active components of the Currency dimension? (Choose
four.)
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A.
Entity Currency Adjustments
B. Reporting Currencies
C. Input Currencies
D. Translated Currencies
E. Entity Currency
F. Parent Currency
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BCEF
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Question #:45
Which statement is correct regarding
intercompany eliminations?
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A.
Intercompany eliminations are generally required to remove the effect
of transactions within the company.
B. Intercompany eliminations are
required for sustainability reporting to show the company’s waste output.
C. Intercompany eliminations are
optional in FCCS and use one of the custom dimensions when enabled.
D. Intercompany eliminations are
needed when a company divests itself of a division.
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A
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Question #:46
In Financial Close Manager, when would you choose to define tasks in a
Template rather than create a new Schedule each month?
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A. when
the tasks are repeatable over multiple close cycles
B. when the tasks require consistent
definition across close schedules
C. when the tasks are often late in
completion and they need to be monitored more closely
D. when the tasks require multiple
levels of approvers
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A
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Question #:47
Which three scenarios result in foreign currency translation during the
default consolidation process? (Choose three.)
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A. A
base entity currency has a parent entity with a matching default currency.
B. A base entity currency has a parent
entity with a different default currency.
C. A parent entity has the same
default currency as its parent.
D. A parent entity has a different
currency from its parent.
E. A shared entity has a parent with a
different currency.
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BDE
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Question #:48
What member of the Currency dimension should be used during data entry for
historical override amounts?
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A.
Parent Currency
B. Input Currencies
C. Reporting Currencies
D. Entity Currency
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B
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Question 49:
A company has two subsidiaries with 1000 EURO each in the Cash account.
Which four Consolidation members will reflect 2000 EURO at the company's
balance?
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A.
FCCS_Elimination
B. FCCS_Proportion
C. FCCS_Entity Input
D. FCCS_Entity Consolidation
E. FCCS_Entity Total
F. FCCS_Contribution
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DEBF
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Question #:50
To show the Intercompany account and matching account balances on the
Intercompany Matching Report, you make which selection?
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A.
Intercompany Accounts
B. Intercompany Partners
C. Intercompany Plug Accounts
D. Elimination Consolidation Dimension
member
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B
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Question #:51
Financial Consolidation Close Cloud
maintains the status calculation for which combination of dimensions?
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A.
Scenario, Account, Base Entity and Parent Entity
B. Year, Scenario, Base Entity and
Account
C. Scenario, View, Parent Entity and
Account
D. Period, Scenario, Base Entity and
Parent Entity
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D
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Question #:52
Which is true behavior of default
FCCS_ members within an application?
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A. You
can change the default FCCS_ member prefix at application creation.
B. You can change the Alias of these
default FCCS_ members at any time.
C. You can change the Name of these
default FCCS_ members at any time.
D. You cannot change the Alias of
these default FCCS_ members.
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B
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Question #:53
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Which is NOT a member of the Data Source
Dimension created by Financial Consolidation and Close
(FCCS)?
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A.
FCCS_No Data Source
B. FCCS_Data Input
C. FCCS_SystemTypes
D. FCCS_Proportion
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D
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Question #:54
When defining a batch in Data Management, which statement is True?
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A. Each
data load rule must specify the period or the batch will default to the POV
period.
B. Batches can import from source or
export to target, but not both.
C. Batches can execute data loads for
multiple locations.
D. A batch replaces the need for data
load rules.
E. A batch can load to multiple plan
types.
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C
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Question #:55
Financial Consolidation and Close Cloud Service (FCCS) provides a
consolidation path through which dimension combination?
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A.
Consolidation, Currency, Account
B. Currency, Account, Movement
C. Entity, Consolidation, Currency
D. Entity, Currency, Account
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C
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Question #:56
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What file type / file extension format extract
data exports from Financial Consolidation and Close (FCCS)?
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A. The
data export format / file extension is always extracted in a XLS 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 DAT file format.
D. The data export format / file
extension is always extracted in a CSV file format.
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D
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Question #:57
What can the Intercompany Dimension be
enabled and made visible within your application?
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A.
after application creation by selecting any Account as IC_Acc_Yes for
the Intercompany Account attribute
B. during application creation and
selecting the Intercompany Data feature option
C. after application creation by
selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute
D. during application creation and
selecting the Multi-source Data Input of Other Data
|
B
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Question #:58
A company would like to capture Fixed
Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal? (Choose three.)
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|
|
A.
Build a custom Movement member for Fixed Assets with dependent custom
members for Additions and Disposals
B. Add custom members for Additions
and Disposals as dependents of FCCS_Mvmts_CapitalExpenditures.
C. Load detailed Fixed Asset data to
Movement members.
D. Add custom Movement members to the
FCCS_CashFlow hierarchy.
E. Create a Roll Forward in the
account dimension.
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ABC
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Question #:59
When creating an application in Financial Consolidation and Close (FCCS),
what Time Periods sections can be made?
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A. Any
number of months can be selected
B. 12-month only
C. 12-month and 13-month
D. 12-month, 13-month and a 14-month
|
C
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Question #:60
A new Sheet tab in Excel is copied from an existing tab that contains a Smart
View query, but clicking
Refresh does not refresh the data and the Smart View (Point of View) POV bar
does not display.
Which additional step is required to pull data in the new tab and change the
POV?
|
|
|
A.
Disconnect from the Smart View connection, and relog in.
B. Activate the Connection.
C. Close out of Excel, and relog in to
Smart View.
D. Change one of the Row or Column
dimension members and click Refresh.
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B
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Question #:61
What are two important first steps in initially setting up Close Manager?
(Choose two.)
|
|
|
A.
Create a schedule and set it to Open status.
B. Set up Users.
C. Assign tasks to users.
D. Define system settings such as
Organization units, Holiday rules and Task attachment size.
|
BD
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|
Question #:62
By default, security access is set to “None” for which three dimensions?
(Choose three.)
|
|
|
A.
Movement
B. Data Source
C. Account
D. Entity
E. Year
|
BCD
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Question #:63
To have access to Dimension Management from directly within Financial
Consolidation and Close (FCCS) which security rights are required?
|
|
|
A.
Metadata Administrator
B. Metadata Supervisor
C. System Administrator
D. Power User
|
D
|
|
Question #:64
What information is included in the data extract export file delimited
format?
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A. the
ID of the user performing the extract
B. the domain and application name
C. the data load cube name
D. the application name
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c
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Question #:65
Which four statements are true about the members in the FCCS_Cash Flow
hierarchy in the Movement dimension? (Choose four.)
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A. The
Cash Change hierarchy cannot be modified.
B. All primary Movement members under
the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow
hierarchy.
C. The seeded member
FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a
Subtraction operator.
D. Input level members under the
FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
E. Standard cash accounts are members
of the FCCS_CashFlow_Operating hierarchy.
F. Siblings can be added to the
FCCS_CashFlow_Investing member.
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ABCD
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Question #:66
STION NO: 60
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.)
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A.
robust consolidation engine that provides automated aggregations,
intercompany eliminations and translations without requiring a strong IT
footprint
B. dashboard reporting with daily
revenue comparisons and KPI’s that measure cost controls
C. leverage compliance efforts to fix
process issues across all businesses and provide oversight for risk awareness
D. 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
E. provide the ability to collaborate
during close and analyse transaction detail in real time
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AE
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Question #:67
Which three fields must be defined when registering a file-based source
system in Data Management? (Choose three.)
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A.
Source Type
B. Drill URL
C. Cloud Type
D. Description
E. Name
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ABE
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Question #:68
A company is based in the United Kingdom and has an application currency set
to GBP. The company collects data from a United States based subsidiary. The
subsidiary’s functional currency is USD.
Which two items facilitate the reporting of the subsidiary’s Common Stock
balance at an historical rate in the GBP reporting currency? (Choose two.)
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A.
Common Stock must have an Exchange Rate Type set to Historical Rate
Override.
B. The subsidiary must have a balance
not equal to zero in Common Stock.
C. Common Stock must have a Data
Storage property set to Never Share.
D. USD must be created as a reporting
currency.
E. The subsidiary must have a parent
entity with a GBP currency.
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BE
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Question #:69
What is the correct Currency dimension member to select when running an
Intercompany Matching Report?
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A.
Input Currency
B. Reporting Currency
C. Entity Currency
D. Parent Currency
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B
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Question #:70
What member of the Currency dimension is associated with the Entity Input
member of the Consolidation dimension?
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A. Base
Currency
B. Parent Currency
C. Local Currency
D. Entity Currency
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D
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Question #:71
FCCS currently allows Journal Input (Data Source dimension member) to
Entity Input (Consolidation dimension member) in Entity Currency for parent
entities. HFM allows Entity Currency Adjustments and Parent Currency
Adjustments (Value dimension members) at parent entities.
Question #:71
Three child entities – P, Q, and R – of a mid-level parent entity – AceCo –
have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause
the account receivable balance amount at AceCo not to be 60?
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A. P
has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an
intercompany receivable balance with another division that is not a
descendant of AceCo.
B. P has the same currency as AceCo, Q
is 90% owned, and R has 10 of the 30 as an intercompany receivable balance
with another division that is not a descendant of AceCo.
C. P has a different currency than
AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable
balance with Q.
D. P has a different currency than
AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable
balance with Q.
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B
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Question #:72
Which option can be used for quarter distributions on a 13-month time period
calendar when creating a Financial Consolidation and Close Cloud (FCCS)
application?
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A.
3-3-3-3
B. 3-3-3-4
C. 4-4-4-4
D. 4-4-4-5
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B
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Question #:73
For which three tasks can Data Management be used? (Choose three.)
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A.
loading data that is period-to-date or year-to-date
B. drilling through from a web form or
Smart View
C. loading data from a fixed width or
delimited text file
D. writing back data to source systems
E. loading a Metadata Import File
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ACD
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Question #:74
Which two members of the Consolidation dimension cause the standard foreign
currency translation rules to be ignored? (Choose two.)
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A.
FCCS_Amount_Override
B. FCCS_Rate Override
C. FCCS_Contribution
D. FCCS_Proportion
E.
FCCS_Elimination
F. FCCS_Translation
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AB
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Question #:75
The close cycle covers seven days and consists of three days of pre-close
preparation tasks, one day to close the books, and then three days of
reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which
range should you define?
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A. Day
-3 to Day 4
B. Day -3 to Day 3
C. Day 1 to Day 7
D. Day -2 to Day 4
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A
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