Question 1

What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?

Options :

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.

Answer: A,C

Question 2

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 3

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

Question 4

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 5

A company is based in the United Kingdom and has an application currency set to GBP. The company collectsdata 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 theGBP reporting currency? (Choose two.)

Options :

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.

Answer: A,B

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