Question 1

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 2

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?

Options :

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

Answer: B

Question 3

Which two prebuilt calculations run on the Movement dimension to determine CTA by account?

Options :

A : Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal

B : Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal

C : FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward

D : FCCS_Mvmts_Subtotal multiplied by ending Rate minus FCCS_Mvmts_Subtotal multiplied by Average Rate

Answer: C,D

Question 4

What will Financial Consolidation and Close do when aggregating data for a member that is set as an expensetype account to a parent that is set as an income type account?

Options :

A : This setting does not affect aggregation to the parent.

B : You cannot load data to this account.

C : Add amounts aggregated to the parent.

D : Subtract amounts aggregated to the parent.

Answer: D

Question 5

Which four sample ratios can be selected during business process creation?

Options :

A : Inventory Ratios

B : Gross Margin

C : Contribution Margin

D : Earnings per Share

E : Debt Ratio

F : Days Sales in Receivables

Answer: A,B,E,F