Question 1

Which dimension includes the FCCS_Global Assumption member that is used to store currency information?

Options :

A : Account

B : From Currency

C : Entity

D : Currency

Answer: B

Question 2

Which is true behavior of default FCCS_ members within an application?

Options :

A :

You can change the default FCCS_ member prefix at application creation.

B : You can change the Alias of these default FCCS_ members at any time.

C :

You can change the Name of these default FCCS_ members at any time.

D :

You cannot change the Alias of these default FCCS_ members.

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

Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a

configurable and scalable consolidation solution?

Options :

A :

pre-built integrations to combine narrative and data to produce both internal and external reporting

packages

B : calculations, dashboards and reports to provide analysis for cash flow modeling

C : calculations, dashboards and reports as well as detailed data source tracking and an automated cash flow

D : calculations, dashboards and reports built on planning frameworks to provide cash flow planning

Answer: C

Question 5

Which statement is FALSE about running consolidations?

Options :

A :

When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated.

B : When you consolidate a parent, children with the Impacted calculation status are also consolidated

C :

When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.

D :

Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA.

Answer: C

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