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Download Oracle Financial Consolidation and Close 2022 Implementation Professional Exam Dumps

NEW QUESTION 24
In the
Movement dimension, for which two can you modify the default translation calculation?

  • A. Closing Balance
  • B. Base-level members under FCCS_Mvmts Subtotal
  • C. Opening Balance Input
  • D. Opening Balance

Answer: B,D

Explanation:
Reference:
http://www.allreadable.com/3128VWfe

 

NEW QUESTION 25
Which statement correctly describes what happens to parent entities during consolidation?

  • A. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
  • B. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
  • C. The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
  • D. The changes in the relational database are synced to the underlying Essbase cube.

Answer: A

 

NEW QUESTION 26
By default, security access is set to "None" for which three dimensions? (Choose three.)

  • A. Account
  • B. Movement
  • C. Data Source
  • D. Entity
  • E. Year

Answer: A,C,D

 

NEW QUESTION 27
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data 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 the GBP reporting currency? (Choose two.)

  • A. The subsidiary must have a parent entity with a GBP currency.
  • B. The subsidiary must have a balance not equal to zero in Common Stock.
  • C. USD must be created as a reporting currency.
  • D. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
  • E. Common Stock must have a Data Storage property set to Never Share.

Answer: A,B

 

NEW QUESTION 28
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)?

  • A. The data export format / file extension is always extracted in a CSV file format.
  • B. The data export format / file extension is always extracted in a XLS file format.
  • C. The data export format / file extension is always extracted in a DAT file format.
  • D. The data export format / file extension is always extracted in a ZIP file format.

Answer: A

Explanation:
D18912E1457D5D1DDCBD40AB3BF70D5D
The system creates an export file for each artifact (.csv).

 

NEW QUESTION 29
......

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