Question 1

Which statement is FALSE when setting up Shared Entities?

Options :

A : The calculation status will not change in all instances when data is changed in one instance.

B : The Data Storage Member Property must set to “Dynamic Calc”.

C : You build an alternate hierarchy by using partial share Entity members.

D : When data is posted to one shared entity, the data is posted to all instances.

Answer: A

Question 2

You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000. What is the most efficient means to accomplish this?

Options :

A : Create a Groovy rule

B : Create a Task Manager rule

C : Create a Configurable Consolidation rule.

D : Create a valid intersection rule.

Answer: A

Question 3

If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs?

Options :

A : The alias of the associated Intercompany member is automatically updated.

B : The associated Intercompany member must be manually removed.

C : The associated Intercompany member is automatically removed.

D : The alias of the associated Intercompany member must be manually changed.

Answer: C

Question 4

Once metadata is updated and the database refresh has completed successfully, how will the status for allentities be listed via the default Data Status grid?

Options :

A : Impacted

B : Need Translate

C : OK

D : System Changed (SC)

Answer: D

Question 5

In Financial Close Manager, when would you choose to define tasks in a Template rather than create a newSchedule each month?

Options :

A : when the tasks are repeatable over multiple close cycles

B : when the tasks require consistent definition across close schedules

C : when the tasks are often late in completion and they need to be monitored more closely

D : when the tasks require multiple levels of approvers

Answer: A