An entity’s Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month. What two data entries need to happen to…
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…
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? A. Consolidation, Currency, Account B. Currency, Account, Movement C. Entity, Consolidation, Currency D. Entity, Currency, Account
In which two instances will the FCCS_Mvmts_FX_to_CTA movement member populate in a translated currency? A. Movement of FX impact for historical rate accounts to the FCCS_CTA account B. A variance in the Average rate and the Ending rate C. The…
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…
What member of the Consolidation dimension aggregates the Proportion member and the Elimination members? A. FCCS_Entity Total B. FCCS_Parent Currency C. FCCS_Contribution D. FCCS_Entity Consolidation
Which statement correctly describes what happens to parent entities during consolidation? A. From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity. B. The…
When defining a batch in Data Management, which statement is True? A. Each data load rule must specify the period or the batch will default to the POV period. B. Batches can import from source or export to target, but…
Which statement is true regarding shared members and valid intersection rules? A. Shared members are supported in valid intersection rules B. If a shared member is selected for a valid intersection rule, then the base member is not included in…
What file type / file extension format extracts data exports from Financial Consolidation and Close (FCCS)? A. The data export format / file extension is always extracted in a XLS file format. B. The data export format / file extension…