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Oracle FCCS Certification Questions 2024 With Complete Solutions Graded A+!! $7.99   Add to cart

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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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  • November 4, 2024
  • 76
  • 2024/2025
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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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