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Oracle FCCS Certification Questions 2024 With Complete Solutions Graded A+!!
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Oracle FCCS Certification Questions 2024 With Complete Solutions Graded A+!!
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Name: Score:124 Multiple choice questions
Term 1 of 124
Which statement is FALSE when Intercompany Data is enabled?
The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany
data
Tracking intercompany eliminations is optional
In order for intercompany data to be eliminated, intercompany entities must be children of
the same parent
Intercompany accounts are assigned plug accounts
Term 2 of 124
What is the primary function of enabling the Track Intercompany Elimination option during the
application creation?
enables the Elimination member in the Consolidation dimension
process will separate total elimination values by Data source
Enables the application to include Intercompany data
Enables the application to perform Intercompany eliminations
,Term 3 of 124
Which two data extract export file types are available within Financial Consolidation Close
(FCCS)? (Choose two).
A. DAT file type
B. Excel XLS file type
C. Comma delimited
D. Tab delimited
FCCS_Rate Override
FCCS_Elimination
Drill Through URL
Name
Single entities having multiple parents
Comma delimited
Tab delimited
Term 4 of 124
Which is NOT a member of the Data Source Dimension created by FCCS?
FCCS_No Data Source
FCCS_Data Input
FCCS_SystemTypes
FCCS_Proportion
,Term 5 of 124
Which statement is correct regarding intercompany eliminations?
Intercompany eliminations are generally required to remove the effect of transactions
within the company
Intercompany eliminations are required for sustainability reporting to show the company's
waste output
Intercompany eliminations are optional in FCCS and use one of the custom dimensions
when enabled
Intercompany eliminations are needed when a company divest itself of a division
, Term 6 of 124
For which three tasks can Data Management be used? (Choose three)
A. loading data that is period-to-date or year-to-date
B. drilling through from a web form or Smart View
C. loading data from a fixed width or delimited text file
D. writing back data to source systems
E. loading a Metadata Import file
drilling through from a web form or Smart View
loading data from a fixed width or delimited text file
writing back data to source systems
A job must first run to import the data file before the user can run the data load rule
Valid load types are Merge and Replace
Defined the input currency for each data source supplying data to the application
You can copy data for historical rate and amount overrides
When you select the Regular Data option, journals data is included
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