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FCCS Cert Exam/118 Questions with Complete Solutions
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FCCS Cert Exam/118 Questions with Complete Solutions
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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.
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