Question 1

Which two rate accounts are available in the seeded exchange rate forms? (Choose two.)

Options :

A : Local Rate

B : Average Rate

C : Opening Rate

D : Ending Rate

Answer: B,D

Question 2

When designing a report in Financial Reporting Studio, which condition should NOT be considered for aFinancial Consolidation and Close (FCCS) report?

Options :

A : Designing dynamic reports

B : Expanded vs. single data segments

C : Report performance

D : Suppress missing blocks

Answer: D

Question 3

To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

Options :

A : Period and Year

B : View

C : Period, Year, and View

D : Period

Answer: A

Question 4

Which statement is true about an approval process with the Phase Dependency option enabled?

Options :

A : Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

B : Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

C : Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

D : Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

Answer: C,D

Question 5

What member of the Currency dimension should be used during data entry for historical override amounts?

Options :

A : Parent Currency

B : Input Currencies

C : Reporting Currencies

D : Entity Currency

Answer: B