When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were

enabled.

Which statement is true?

A. The FCCS_No Intercompany member of the ICP dimension will be used for all data.

B. Data can be stored by intercompany partner but no eliminations will occur.

C. An extra custom dimension will be available.

D. The ICP dimension will be omitted.

Which explains why the Currency dimension does NOT display in your application?

A. Security access to the Multi-GAAP dimension is required

B. Multi-Currency option was not selected at application creation

C. Entity-specific security rights were not properly granted

D. Security has not been granted

How is drill-back enabled to Supplemental Data Manager (SDM) from the Supplemental Data member within the Multi-source dimension?

A. Drill-back to SDM is not an available feature.

B. Drill-back is available from any Multi-source dimension member by default, know the source of the origination data load.

C. By selecting Track Multi-source Data Input option for Supplemental Data during the application creation process.

D. By selecting Track Multi-source Data Input option for Other Data during the application creation process.

Which statement about the Equity Pickup feature is FALSE?

A. Seeded rule-sets are provided for Equity Pickup.

B. Equity Pickup rules run as part of the consolidation process.

C. Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.

D. Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.

You have added a new task to a close schedule with a task due date past the defined end date of the schedule. What is the result of the change?

A. The new task will run outside of the schedule end date.

B. An error, you can't add a new task past the due date.

C. The schedule end date changes to match the end date of the task.

D. The task will not run.

A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD. Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

A. Common Stock must have an Exchange Rate Type set to Historical Rate Override.

B. The subsidiary must have a balance not equal to zero in Common Stock.

C. Common Stock must have a Data Storage property set to Never Share.

D. USD must be created as a reporting currency.

E. The subsidiary must have a parent entity with a GBP currency.

What is the correct Currency dimension member to select when running an Intercompany Matching Report?

A. Input Currency

B. Reporting Currency

C. Entity Currency

D. Parent Currency

Which three are seeded data forms created during business process creation?

A. Exchange Rate Multi-period

B. Override Rates

C. Shares Outstanding

D. Data Status

E. Headcount

To have access to Dimension Management from directly within Financial Consolidation and Close (FCCS) which security rights are required?

A. Metadata Administrator

B. Metadata Supervisor

C. System Administrator

D. Power User

Which three scenarios result in foreign currency translation during the default consolidation process?

A. A parent entity has a different default currency than its parent.

B. A parent entity has the same default currency as its parent.

C. A base entity has a different default currency than its parent.

D. A base entity has the same default currency as its parent.

E. A shared entity has a different default currency than its parent