Intro to FCCS & Dimensions Exam Questions With 100% Complete Solutions
7 views 0 purchase
Course
Intro to FCCS & Dimensions
Institution
Intro To FCCS & Dimensions
FCCS Business Process - ANSWER-1. Load or Enter Data
2. Adjust Data
3. Translate and consolidate
4. Review and approve data
5. Publish financial reports
Supplemental Data Process - ANSWER-1. Define
-data definition, forms
2. Support
-calculations, validations
3. Control
-data colle...
Intro to FCCS & Dimensions Exam
Questions With 100% Complete
Solutions
FCCS Business Process - ANSWER-1. Load or Enter Data
2. Adjust Data
3. Translate and consolidate
4. Review and approve data
5. Publish financial reports
Supplemental Data Process - ANSWER-1. Define
-data definition, forms
2. Support
-calculations, validations
3. Control
-data collection WF
4. Monitor
-status, dashboards
Application Wizard Steps - ANSWER-1. Select time period
- 12 month vs. 13 month for year end adjustments
- Can't change period after selecting
-Will automatically set period and dimension in FCCS
-Alias can be changed
, 2. Enable multicurrency if needed
3.Select a quarter for each period
4. Select optional features
Set-Up Optional Features - ANSWER-1. Balance Sheer Hierarchy
-Traditional, Net Asset, or Basic
Traditional: (assets = liabilities + equity)
Net asset approach: (Assets + liabilities = equity)
2. Multi GAAP
-Yes with manual adjustments: local gaap + adjustments > IFRS
-Yes with calculated adjustments: local gap + IFRS > calculations
3. CTA
-stores FX values. only for multi currency
-Balance Sheet or Comp. Income
5. Journal Adjustments
-Yes w workflow, Yes w/o workflow, No
-if you need an approval process or not
6. Intercompany data / entities aggregation
-yes/no
-if enabled, created intercompany dimension
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Vaster. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.