Exam (elaborations)
FCCS Cert Exam/118 Questions with Complete Solutions
FCCS Cert Exam/118 Questions with Complete Solutions
[Show more]
Content preview
FCCS Cert Exam/118 Questions with CompleteSolutions
Financial Consolidation and Close Cloud Service (FCCS) provides a
consolidation path through which dimension combination? - -Consolidation,
Currency, Account
-Which three key requirements does the Financial Consolidation and Close
Cloud Service (FCCS) deliver to ensure a modern consolidation and close
solution? - -Ensure security of sensitive data.
Integrate with source systems.
Provide a strong compliance framework that includes auditing and
segregation of duties.
-A client company has expanded quickly in the past year and has recognized
the need to move their financial team off spreadsheets and to a more
verifiable and automated solution. Which two requirements from this team
would Oracle's Financial Consolidation and Close Cloud Service satisfy? - -
robust consolidation engine that provides automated aggregations,
intercompany eliminations and translations without requiring a strong IT
footprint
a configurable reporting solution with prebuilt dimensions, KPIs, reports
along with a process to adjust data, monitor the close status and view data
and compliance results in dashboards
-Which solution is delivered by the Financial Consolidation and Close Cloud
Service? - -an automated and integrated solution to manage the financial
consolidation month-end close process
-Which financial close related component requires a separate subscription
and is not included in the Financial Consolidation and Close Cloud suite
subscription? - -Account Reconciliation Management
-Which components are pre-built into Financial Consolidation and Close
Cloud Service to provide a configurable and scalable consolidation solution? -
-calculations, dashboards and reports as well as detailed data source
tracking and an automated cash flow
-What is the recommended step a Financial Consolidation and Close Cloud
administrator should take to facilitate the backup process? - -Identify a one-
hour window convenient to users, then use the Tools, Daily Maintenance
window to identify that time for Oracle to run their backup process.
, -On what days during the month does Oracle apply patch updates to fix
bugs, apply code optimizations, and add new features? - -the first and third
Friday of each month; first Friday for TEST and third Friday for PROD
-For which three tasks can Data Management be used? - -loading data from
a fixed width or delimited text file
drilling through from a web form or Smart View
loading data that is period-to-date or year-to-date
-Which task CANNOT be completed by using Data Management? - -Load
journal data to Financial Consolidation and Close (FCCS)
-Which three fields must be defined when registering a file-based source
system in Data Management? - -Name
Description
Drill URL
-For which three levels can Profiles be set in Data Management? - -User
System
Application
-In Data Management, what is the purpose of Source Mapping? - -managing
source periods in relation to global periods
-Which two statements are correct with regard to Data Management
locations? - -Locations must specify an import format, which may be used by
other locations.
Locations can share dimension member mappings by specifying a location as
a parent location of others.
-Which statement is true regarding Data Management categories? - -
Application mapping is not required if the global mapping target category is
exactly correct.
-When creating a member mapping for account Sales in Data Management,
the following script is entered. UD5 refers to a Product custom dimension:
WHEN UD5 LIKE `CAR_%` THEN `AUTO_SALES`ELSE `SALES` Which
statement is True? - -The script will work if the script is referenced in the In
mapping type with #SQL as the target.
-For data load rules in Data Management, which two statements are FALSE?
- -Valid load types are Merge and Replace.
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 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 Victorious23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £10.19. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78252 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now