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Oracle FCCS Certification Questions And Answers Rated 100- Correct!_ (1).pdf
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8/29/24, 3:49 AMOracle FCCS Certification Questions
Jeremiah
Terms in this set (181)
Company 123 is a public company that E. A translation of Company XYZ to Parent Currency
reports in US Dollars. Company 123 owns
Company XYZ, a European company that
consolidates in Euro. One of the Company
XYZ's subsidiaries is Company IOU,
headquartered in Switzerland with a
functional currency of the Swiss Franc. Which
process produces USD balances for
Company IOU?
A. A translation to the USD_Reporting
currency member for Company IOU
B. A translation of Company IOU
C. A consolidation of Company 123
D. A consolidation of Company XYZ
E. A translation of Company XYZ to Parent
Currency
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,8/29/24, 3:49 AM
Which statement is correct regarding A. Intercompany eliminations are generally required to remove the effect of
intercompany eliminations? transactions within the company
A. Intercompany eliminations are generally
required to remove the effect of transactions
within the company
B. Intercompany eliminations are required for
sustainability reporting to show the
company's waste output.
C. Intercompany eliminations are optional in
FCCS and use one of the custom dimensions
when enabled.
D. Intercompany eliminations are needed
when a company divests itself of a division
What member of the Currency dimension is D. Entity Currency
associated with the Entity Input member of
the Consolidation dimension?
A. Base Currency
B. Parent Currency
C. Local Currency
D. Entity Currency
Which statement is false regarding A. All members are accessible for dimensions with no security applied.
establishing security for Financial
Consolidation and Close (FCCS)?
A. All members are accessible for
dimensions with no security applied.
B. The Identity Domain Administrator inherits
full access privileges.
C. Security is mandatory for one dimension.
D. Security can be assigned at a parent level.
E. Security can be disabled for any
dimension.
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, 8/29/24, 3:49 AM
Which three fields must be defined when A. Source Type
registering a file-based source system in
Data Management? (Choose three.) B. Drill URL
A. Source Type E. Name
B. Drill URL
C. Cloud Type
D. Description
E. Name
When a Financial Consolidation and Close D. The ICP dimension will be omitted.
(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.
For which three tasks can Data Management A. loading data that is period-to-date or year-to-date
be used? (Choose three.)
B. drilling through from a web form or Smart View
A. loading data that is period-to-date or
year-to-date C. loading data from a fixed width or delimited text file
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
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