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NEW QUESTION 38
Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.)

• A. Input level members under the FCCS_Mvmts_Subtotal are Shared members in the FCCS_CashFlow hierarchy.
• B. Standard cash accounts are members of the FCCS_CashFlow_Operating hierarchy.
• C. All primary Movement members under the FCCS_Mvmts_Subtotal member must be included in the FCCS_CashFlow hierarchy.
• D. Siblings can be added to the FCCS_CashFlow_Investing member.
• E. The Cash Change hierarchy cannot be modified.
• F. The seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy has a Subtraction operator.

Answer: A,B,D,F

NEW QUESTION 39
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. Data for opening balances must be loaded to the Opening Balance member prior to consolidation.
• C. Translated values for Closing Balance are adjusted to the ending rate for the period.
• D. Values for Opening Balance are retrieved from the prior period Closing Balance.

Answer: C,D

Explanation:
If Entity currency and Parent currency Closing Balance data does not exist in the prior period, then the Ending Rate for the prior period is used.
Opening balance is calculated from the prior period's Closing Balance.
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/built_in_calculations.html

NEW QUESTION 40
What will
Financial Consolidation and Close do when aggregating data for a member that is set as an expense type account to a parent that is set as an income type account?

• A. Add amounts aggregated to the parent.
• B. You cannot load data to this account.
• C. Subtract amounts aggregated to the parent.
• D. This setting does not affect aggregation to the parent.

Answer: A

Explanation:
Reference:
aggregation_consolidation_operator.html

NEW QUESTION 41
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?

• A. Day -3 to Day 3
• B. Day -2 to Day 4
• C. Day 1 to Day 7
• D. Day -3 to Day 4

Answer: C

NEW QUESTION 42
In the
Movement dimension, for which two can you modify the default translation calculation?

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

Answer: A,C

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

NEW QUESTION 43
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