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. Impacted
B. Need Translate
C. OK
D. System Changed (SC) - ....ANSWER...System Changed
(SC)
,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 XLS file format
B. The data export format / file extension is always
extracted in a ZIP file format
C. The data export format / file extension is always
extracted in a DAT file format
D. The data export format / file extension is always
extracted in a CSV file format - ....ANSWER...The data
export format / file extension is always extracted in a CSV
file format
How can the Intercompany dimension be enabled within
your application?
A. In the metadata editor, select Enabled for the
Intercompany property for the Entity dimension
,B. In the metadata editor, select IC_Acc_Yes for the
Intercompany property for any account
C. During application creation, select the Intercompany
Data option
D. In the metadata editor, select IC_Entity_Yes for the
Intercompany Entity property for any entity -
....ANSWER...In the metadata editor, select Enabled for
the Intercompany property for the Entity dimension
Company 123 is a public company that reports in US
Dollars. Company 123 owns Company XYZ, a European
company that consolidates in Euro. One of the Company
XYZ's subsidiaries is Company IOU, headquartered in
Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?
A. A translation to the USD_Reporting currency member
for Company IOU
B. A translation of Company IOU
C. A consolidation of Company 123
, D. A consolidation of Company XYZ
E. A translation of Company XYZ to Parent Currency -
....ANSWER...E. A translation of Company XYZ to Parent
Currency
Which statement is correct regarding intercompany
eliminations?
A. Intercompany eliminations are generally required to
remove the effect of transactions within the company
B. Intercompany eliminations are required for
sustainability reporting to show the company's waste
output.
C. Intercompany eliminations are optional in FCCS and
use one of the custom dimensions when enabled.
D. Intercompany eliminations are needed when a company
divests itself of a division - ....ANSWER...A.
Intercompany eliminations are generally required to
remove the effect of transactions within the company
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