Question 1

Which statement correctly describes the Consolidation dimension?

Options :

A : The dimension contains members to store non-controlling interest and joint venture data.

B : The dimension uses a separate member to store data from an entity’s descendants.

C : The dimension allows users to see input versus journal adjustment data.

D : The dimension aggregates input, consolidated, and elimination data together.

Answer: C

Question 2

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

Question 3

When can the Intercompany Dimension be enabled and n=made visible within your application?

Options :

A : during application creation and selecting Multi-source Data Input of Other Data

B : after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute

C : after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Accountattribute

D : during application creation and selecting the Intercompany Data feature option

Answer: D

Question 4

Which statement is true if the Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created?

Options :

A : The ICP dimension is omitted.

B : The FCCS No Intercompany member of the ICP dimension is used for all data.

C : Data can be stored by the intercompany partner but no eliminations occur

D : An extra custom dimension is available.

Answer: A

Question 5

Which two statements are true about Cash Flow in the Movement dimension?

Options :

A : When you add a level 0 member to FCCS_Mvmts_Subtotal, it is automatically added as a sharedmemberto the FCCS_CashFlow hierarchy.

B : The seeded level 0 members under FCCS_Mvmts_Subtotal are shared members in the FCCS_CashFlowhierarcy.

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.

Answer: B,D

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