Question 1

Which two members of the Consolidation dimension cause the standard foreign currency translation rules tobe ignored?

Options :

A : FCCS_Amount_Override

B : FCCS_Rate Override

C : FCCS_Contribution

D : FCCS_Proportion

E : FCCS_Elimination

F : FCCS_Translation

Answer: A,B

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

For business processes that use the Make Period and Movement Dense feature, which statement is FALSE?

Options :

A : Account is a Sparse dimension.

B : The View dimension stores only periodic data.

C : All parent members in the Account dimension must have a Solve Order value of 58.

D : You cannot add member formulas to members of the Movement dimension.

Answer: C

Question 4

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

Question 5

In the approval process, which four dimensions constitute an approval unit? (Choose four.)

Options :

A : Account

B : Year

C : Scenario

D : Data Source (Entity)

E : Period

Answer: B,C,D,E