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NEW QUESTION 31
Which statement is false regarding establishing security for Financial Consolidation and Close?
- A. The Identity Domain Administrator inherits full access privileges.
- B. Security can be disabled for any dimension.
- C. Security is mandatory for one dimension.
- D. Security can be assigned at a prevent level.
- E. All members are accessible for dimensions with no security applied.
Answer: E
Explanation:
The Identity Domain Administrator is not a functional role; it does not inherit access privileges granted through functional roles. To access service features, the Identity Domain Administrator must be granted one of the four functional roles in Tax Reporting.
Reference:
admin_security_predefined_roles_112x5e7954a4.html
NEW QUESTION 32
Once metadata is updated and the database refresh has completed successfully, how will the status for all entities be listed via the default Data Status grid?
- A. OK
- B. System Changed (SC)
- C. Impacted
- D. Need Translate
Answer: B
Explanation:
The entity's calculation status must be OK, No Data, or System Change. You cannot lock an entity with Impacted calculation status.
Reference:
locking_and_unlocking_entities.html
NEW QUESTION 33
Which statement correctly describes the Consolidation dimension?
- A. The dimension uses a separate member to store data from an entity's descendants.
- B. The dimension contains members to store non-controlling interest and joint venture data.
- C. The dimension aggregates input, consolidated, and elimination data together.
- D. The dimension allows users to see input versus journal adjustment data.
Answer: D
NEW QUESTION 34
Which statement is true regarding shared members and valid intersection rules?
- A. If a shared member is selected for a valid intersection rule, then the base member is not included in the rule
- B. Shared members are not supported in valid intersection rules
- C. Shared members are supported in valid intersection rules
- D. If a base member is included in a valid intersection rule, then any shared member is not included in the rule
Answer: B,D
Explanation:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
Reference:
admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
NEW QUESTION 35
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 ZIP 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 CSV file format.
- D. The data export format / file extension is always extracted in a DAT file format.
Answer: C
Explanation:
The system creates an export file for each artifact (.csv).
NEW QUESTION 36
Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite?
- A. Supplemental Data Management
- B. Financial Close Management
- C. Account Reconciliation Management
- D. Process Management
- E. Data Management
Answer: C
NEW QUESTION 37
Which statement is false regarding establishingsecurity for Financial Consolidation and Close (FCCS)?
- A. The Identity Domain Administrator inherits full access privileges.
- B. Security can be disabled for any dimension.
- C. Security is mandatory for one dimension.
- D. Security can be assigned at a parent level.
- E. All members are accessible for dimensions with no security applied.
Answer: E
NEW QUESTION 38
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)
- A. FCCS_CashFlow_Accounts Payable account member
- B. FCCS_Accounts Payable account member
- C. FCCS_CashChange movement member
- D. FCCS_Total Balance Sheet - Cash and NonCash account member
- E. FCCS_CashFlow_Operating movement member
Answer: A,D
NEW QUESTION 39
By default, security access is set to "None" for which threedimensions? (Choose three.)
- A. Movement
- B. Data Source
- C. Account
- D. Entity
- E. Year
Answer: B,C,D
NEW QUESTION 40
You have created a navigation flow named Analysts that should be the default navigation for users in the Analysts user group.
How can the Analysts navigation flow be made the default for the Analysts user group?
- A. Because the navigation flow was given exactly the same name as the user group, it is assigned automatically to the group
- B. In Application Settings, assign Analysts to the Analysts user group in the System Settings section.
- C. In their User Preferences settings, members of the Analysts user group should select Analysts in the Navigation Flow list.
- D. In the Analysts navigation flow, select the Analysts user group in the Assign To field.
Answer: D
Explanation:
Assign to assigns the navigation flow to a group of users or to a role.
Reference:
editing_a_navigation_flow_114xdb21ceb5.html
NEW QUESTION 41
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 often late in completion and they need to be monitored more closely
- B. when the tasks are repeatable over multiple close cycles
- C. when the tasks require multiple levels of approvers
- D. when the tasks require consistent definition across close schedules
Answer: B
Explanation:
A task template defines a repeatable set of tasks required for a business process. It is used as a basis for creating schedules.D18912E1457D5D1DDCBD40AB3BF70D5D Reference:
cm_templates_managing.html
NEW QUESTION 42
PQR Company has the ownership structure shown above.
If H_1 lends money to P_2, the intercompany elimination of H_1's receivable occurs as data from Hickory consolidates into PQR. What is this principle called?
- A. First order relation
- B. Generation 0
- C. First common parent
- D. Lowest common denominator
Answer: C
NEW QUESTION 43
You are required to create a form to allow users to input data. Which three actions or form components selected should accomplish this?
- A. Give data input users WRITE access to form dimension members
- B. Set access rights for data input users to the form
- C. Level 0 dimension members on POV, rows and columns
- D. Set the currency on the form to the reporting currency member USD_Reporting
Answer: A,B,C
NEW QUESTION 44
How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?
- A. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.
- B. By selecting Track Multi-source Data Input option for Other Data duringthe application creation process.
- C. Drill-back is available from any Multi-source dimensionmember by default, know the source of the origination data load.
- D. Drill-back to SDM is not an available feature.
Answer: C
NEW QUESTION 45
Which option can be used for quarter distributions on a 13-month time period calendar when creating a Financial Consolidation and Close Cloud (FCCS) application?
- A. 4-4-4-4
- B. 3-3-3-4
- C. 3-3-3-3
- D. 4-4-4-5
Answer: B
NEW QUESTION 46
Which is true behavior of default FCCS_ members within an application?
- A. You can change the default FCCS_ member prefix at application creation.
- B. You can change the Name of these default FCCS_ members at any time.
- C. You cannot change the Alias of these default FCCS_ members.
- D. You can change the Alias of thesedefault FCCS_ members at any time.
Answer: B
NEW QUESTION 47
Which statement correctly describes the Consolidation dimension?
- A. The dimension contains members to store non-controlling interest and joint venture data.
- B. The dimension uses a separate member for data from an entity's level zero descendants.
- C. The dimension allows users to view data in the parent currency.
- D. The dimension allows users to see input versus journal adjustment data.
Answer: C
NEW QUESTION 48
Which three scenarios result in foreign currency translation during the default consolidation process?
- A. A parent entity has the same default currency as its parent.
- B. A base entity has a different default currency than its parent.
- C. A base entity has the same default currency as its parent.
- D. A shared entity has a different default currency than its parent
- E. A parent entity has a different default currency than its parent.
Answer: B,D,E
NEW QUESTION 49
Which statement correctly describes what happens to parent entities during consolidation?
- A. 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.
- B. 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.
- C. The changes in the relational database are synced to the underlying Essbase cube.
- D. Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
Answer: B
NEW QUESTION 50
Which two are required fields when registering a source system in Data Management?
- A. Drill Through URL
- B. Name
- C. Cloud Type
- D. Source System Type
Answer: A,B
Explanation:
Reference:
registering_file-based_source_systems.html
NEW QUESTION 51
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2's debit balance?
- A. Entity P_2, Consolidation FCCS_Contribution, Intercompany ICP_H_1
- B. Entity Paducah, Consolidation FCCS_Elimination, Intercompany ICP_H_1
- C. Entity P_2, Consolidation FCCS_Contribution, Intercompany H_1
- D. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany
- E. Entity Paducah, Consolidation FCCS_Elimination, Intercompany FCCS_No Intercompany
Answer: A
NEW QUESTION 52
Which three are seeded data forms created during business process creation?
- A. Data Status
- B. Exchange Rate Multi-period
- C. Shares Outstanding
- D. Headcount
- E. Override Rates
Answer: A,B,E
NEW QUESTION 53
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