Question 1

What action requires refreshing the database?

Options :

A : You deploy a new Configurable Calculation rule in Calculation Manager.

B : You edit the alias for a member in the Entity dimension

C : You change the ownership percentage for an entity.

D : You edit the Consolidation Operator for a member in the Account dimension

Answer: B

Question 2

When designing a report in Financial Reporting Studio, which condition should NOT be considered for aFinancial Consolidation and Close (FCCS) report?

Options :

A : Designing dynamic reports

B : Expanded vs. single data segments

C : Report performance

D : Suppress missing blocks

Answer: D

Question 3

Which components are pre-built into Financial Consolidation and Close Cloud Service to provide aconfigurable and scalable consolidation solution?

Options :

A : pre-built integrations to combine narrative and data to produce both internal and external reportingpackages

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

Answer: C

Question 4

Once metadata is updated and the database refresh has completed successfully, how will the status for allentities be listed via the default Data Status grid?

Options :

A : Impacted

B : Need Translate

C : OK

D : System Changed (SC)

Answer: D

Question 5

Which of the following is allowed for accounts with the data storage type of “Dynamic Calc”?

Options :

A : Load data to this account.

B : Create member formulas.

C : Load data to this account and create member formulas.

D : Enter data through a data form

Answer: B

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