Question 1

Which option can be used for quarter distributions on a 13-month time period calendar when creating aFinancial Consolidation and Close Cloud (FCCS) application?

Options :

A : 3-3-3-3

B : 3-3-3-4

C : 4-4-4-4

D : 4-4-4-5

Answer: B

Question 2

Which four items are active components of the Currency dimension? (Choose four.)

Options :

A : Entity Currency Adjustments

B : Reporting Currencies

C : Input Currencies

D : Translated Currencies

E : Entity Currency

F : Parent Currency

Answer: B,C,E,F

Question 3

If the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) businessprocess is created, which statement is true?

Options :

A : The FCCS_No Intercompany member of the ICP dimension is used for all data.

B : The ICP dimension is omitted.

C : An extra custom dimension is available.

D : Data can be stored by intercompany partner but no eliminations will occur.

Answer: B

Question 4

Which two statements about the Copy Data function are true? (Choose two.)

Options :

A : When you select the Regular Data option, journals data is included

B : You can select which Consolidation dimension member to copy

C : You cannot select which Account members to copy

D : You can copy data for historical rate and amount overrides.

Answer: A,D

Question 5

Which statement is true regarding Data Management categories?

Options :

A : Categories are defined on the Global Mapping tab and then the frequency is specified on the ApplicationMapping 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.

Answer: B