Question 1

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_EntityInputmember might be different than the data in the FCCS_Proportion member?

Options :

A : A rate was entered into the FCCS_Rate Override account.

B : An ownership percentage for the entity other than 100 was entered.

C : An intercompany elimination was performed.

D : The parent entity has a different currency than the child.

Answer: B

Question 2

Which three scenarios result in foreign currency translation during the default consolidation process? (Choosethree.)

Options :

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.

Answer: B,D,E

Question 3

Which statement is FALSE about the Equity Pickup feature?

Options :

A : Seeded rule sets are provided for Equity Pickup

B : Equity Pickup rules run as part of the consolidation process

C : Equity Pickup requires that Ownership Management with the Equity Pickup feature is enabled.

D : Equity Pickup rules are run on demand from the Rules card by users with launch permission.

Answer: D

Question 4

Which two are insertable report objects when designing a report in Financial Reporting Studio? (Choose two.)

Options :

A : Grid

B : Header

C : Chart

D : Footer

Answer: A,C

Question 5

Which statement correctly describes what happens to parent entities during consolidation?

Options :

A : Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities

B : Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

C : The changes in the relational database are synced to the underlying Essbase cube.

D : For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Answer: A

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