ORACLE FCCS CERTIFICATION EXAM 2024 ACTUAL EXAM COMPLETE 200
QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT
ANSWERS) ALREADY GRADED A+
Which three key requirements does the Financial Consolidation
and Close Cloud Service (FCCS) deliver to ensure a modern
consolidation and close solution? (Choose three.)
A. Ensure security of sensitive data
B. Integrate with source systems.
C. Provide predictive analysis and modeling
D. Provide a strong compliance framework that includes
auditing and segregation of duties. - CORRECT ANSWER >>>>A.
Ensure security of sensitive data
B. Integrate with source systems.
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D. Provide a strong compliance framework that includes
auditing and segregation of duties.
When designing a report in Financial Reporting Studio, which
two items are NOT an insert-able report object?
A. Chart
B. Grid
C. Image
D. Header
E. Footer - CORRECT ANSWER >>>>D. Header
E. Footer
Which four statements are true about the members in the
FCCS_Cash Flow hierarchy in the Movement dimension?
(Choose four.)
A. The Cash Change hierarchy cannot be modified.
B. All primary Movement members under the
FCCS_Mvmts_Subtotal member must be included in the
FCCS_CashFlow hierarchy.
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C. The seeded member FCCS_Mvmts_AccountsPayable found
within the FCCS_CashFlow hierarchy has a Subtraction
operator.
D. Input level members under the FCCS_Mvmts_Subtotal are
Shared members in the FCCS_CashFlow hierarchy.
E. Standard cash accounts are members of the
FCCS_CashFlow_Operating hierarchy.
F. Siblings can be added to the FCCS_CashFlow_Investing
member. - CORRECT ANSWER >>>>C. The seeded member
FCCS_Mvmts_AccountsPayable found within the
FCCS_CashFlow hierarchy has a Subtraction operator.
D. Input level members under the FCCS_Mvmts_Subtotal are
Shared members in the FCCS_CashFlow hierarchy.
E. Standard cash accounts are members of the
FCCS_CashFlow_Operating hierarchy.
F. Siblings can be added to the FCCS_CashFlow_Investing
member.
What is the primary function of enabling the Track
Intercompany Elimination option during the application
creation?
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A. enables the Elimination member in the Consolidation
dimension
B. process will separate total elimination values by Data Source.
C. enables the application to include Intercompany data.
D. enables the application to perform Intercompany
eliminations - CORRECT ANSWER >>>>B. process will separate
total elimination values by Data Source.
Which three combinations of dimensions could be valid for a
Financial Consolidation and Close (FCCS) application? (Choose
three.)
A. Period, Year, Entity
B. From Currency, Movement, Scenario
C. Multi-GAAP, Data Type, Intra-company
D. Value, Entity, Account
E. Data source, Consolidation, View - CORRECT ANSWER >>>>A.
Period, Year, Entity
B. From Currency, Movement, Scenario
E. Data source, Consolidation, View
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