How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?
A. by selecting Application, then Overview, then Dimensions, and then Export
B. by selecting Dimension, then Import, and then Metadata
C. by selecting Application, then Overview, then Dimensions, and then Import
D. by selecting Tasks, then Metadata, and then Import
Which two statements are true about Cash Flow in the Movement dimension?
A. When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a shared member to the FCCS_CashFlow hierarchy.
B. The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlow hierarcy.
C. You can add shared members to the FCCS_CashChange hierarchy.
D. The FCCS_Mvmts_AccountsPayable member is under FCCS_CashFlow_NetAssets in the FCCS_CashFlow hierarchy.
In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month?
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
To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?
A. Metadata Administrator
B. Metadata Supervisor
C. System Administrator
D. Power User
Which statement is FALSE when setting up Shared Entities?
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.
A company would like to capture Fixed Asset additions and disposals within the Movement dimension. Which three tasks are necessary to achieve this goal?
A. Add custom members for Additions and Disposals as children of FCCS_Mvmts_CapitalExpenditures.
B. Build a custom Movement member for Fixed Assets with child members for Additions and Disposals.
C. Load detailed Fixed Asset data to Movement members.
D. Add custom Movement members to the FCCS_CashFlow hierarchy.
E. Create a Roll Forward in the account dimension.
Which components are pre-built into Financial Consolidation and Close Cloud Service to provide a configurable and scalable consolidation solution?
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
For your business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
A. Click Final Calculations on the Consolidation Process page and add a Configurable Calculation rule in Calculation Manager.
B. Click Configurable Consolidation on the Consolidation Process page and create a Configurable Consolidation rule-set.
C. Edit the numbers using a web form or Smart View after consolidating.
D. Create an on-demand rule in Calculation Manager that you run after consolidation.
Which statement is true regarding shared members and valid intersection rules?
A. Shared members are supported in valid intersection rules
B. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
C. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
D. Shared members are not supported in valid intersection rules
For your business process, owners of approval units should be able to lock and unlock data without going.
through an approval process.
Which action should you perform?
A. Select the Consolidation Bottom Up template when setting up the Approval Unit hierarchy.
B. Select the Consolidation template when setting up the Approval Unit hierarchy.
C. Delete the default Approval Unit hierarchy.
D. Select as owners only users with the Service Administrator or Power User security role.
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