Question 1

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 2

Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

Options :

A : The ICP dimension is omitted.

B : The FCCS No Intercompany member of the ICP dimension is used for all data.

C : Data can be stored by the intercompany partner but no eliminations occur

D : An extra custom dimension is available.

Answer: A

Question 3

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 4

UESTION NO: 64An entity’s Common Stock balance is made up of data loaded through Data Management and an adjustingjournal entry posted in the application. The Common Stock balance must not re-translate each month.What two data entries need to happen to have the Common Stock balance bypass the default translation ofequity accounts? (Choose two.)

Options :

A : Data entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation dimension and the Data Source member FCCS_Managed Data.

B : A journal entry to reverse the adjusted Common Stock balance with the Data Source memberFCCS_Journal Input.

C : A journal entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation dimension and the Data Source member FCCS_Journal Input.

D : Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and theData Source member FCCS_Data Input.

Answer: B,D

Question 5

When defining a batch in Data Management, which statement is True?

Options :

A : Each data load rule must specify the period or the batch will default to the POV period.

B : Batches can import from source or export to target, but not both.

C : Batches can execute data loads for multiple locations.

D : A batch replaces the need for data load rules.

E : A batch can load to multiple plan types.

Answer: C