Question 1

Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_EntityInputmember might be different than the data in the FCCS_Proportion member?

Options :

A : A rate was entered into the FCCS_Rate Override account.

B : An ownership percentage for the entity other than 100 was entered.

C : An intercompany elimination was performed.

D : The parent entity has a different currency than the child.

Answer: B

Question 2

Which statement is true about an approval process with the Phase Dependency option enabled?

Options :

A : Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

B : Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

C : Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

D : Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

Answer: C,D

Question 3

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Closebusiness process with Ownership Management enabled?

Options :

A : Ownership Percentage

B : Control

C : Consolidation Method

D : Consolidation Percentage

E : Minority Interest Percentage

Answer: A,B,C

Question 4

A company would like to capture Fixed Asset additions and disposals within the Movement dimension.Which three tasks are necessary to achieve this goal? (Choose three.)

Options :

A : Build a custom Movement member for Fixed Assets with dependent custom members for Additions and Disposals

B : Add custom members for Additions and Disposals as dependents ofFCCS_Mvmts_CapitalExpenditures.

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.

Answer: A,B,C

Question 5

Which statement is FALSE when setting up Shared Entities?

Options :

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.

Answer: A

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