Which two statements are true of the roll forward calculation in the Movement dimension?
A. Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
B. Translated values for Closing Balance are adjusted to the ending rate for the period.
C. Values for Opening Balance are retrieved from the prior period Closing Balance.
D. Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
In the Movement dimension, for which two can you modify the default translation calculation?
A. Base-level members under FCCS_Mvmts Subtotal
B. Opening Balance
C. Closing Balance
D. Opening Balance Input
You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules. Which type of report can you run to accomplish this?
A. Consolidation Report
B. Journal Report
C. Intercompany Report
D. Financial Report
Three child entities – P, Q, and R – of a mid-level parent entity – AceCo – have account receivables in the
amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance
amount at AceCo not to be 60?
A. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
B. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
C. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
D. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
A. The Intercompany Alias is set to the Entity Name.
B. The Intercompany Alias is automatically changed to the new Entity Alias.
C. The Intercompany Alias is not automatically changed to the new Entity Alias.
D. The Intercompany Alias is automatically set to the Intercompany Name.
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
A. Drill-back to SDM is not an available feature.
B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.
C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.
Which statement is FALSE when enabling a Multi-GAAP application?
A. Two custom dimensions are available after enabling Multi-GAAP.
B. The Multi-GAAP dimension is optional.
C. The system automatically creates an FCCS_IFRS member.
D. Additional GAAP adjustment can be created.
Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?
A. Process Management
B. Account Reconciliation Management
C. Data Management
D. Supplemental Data Management
E. Financial Close Management
When creating a Financial Consolidation and Close (FCCS) application, which initial Multi-source data options can be selected? (Choose two)
A. ERP Cloud
B. Supplemental Data
C. Data Management
D. ERP r12
For which three levels can Profiles be set in Data Management?
A. Category
B. Source System
C. System
D. User
E. Application
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