FCCS Cert Questions And Answers 100% Guaranteed Success.
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FCCS Cert
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FCCS Cert
FCCS Cert Questions And Answers 100% Guaranteed Success.
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? - correct answer. Consolidation, Currency, Account
Which three key requirements does the Financi...
FCCS Cert Questions And Answers 100%
Guaranteed Success.
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path
through which dimension combination? - correct answer. 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? - correct
answer. 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? - correct answer. 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? -
correct answer. 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? - correct
answer. Account Reconciliation Management
Which components are pre-built into Financial Consolidation and Close Cloud Service
to provide a configurable and scalable consolidation solution? - correct answer.
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? - correct answer. 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? - correct answer. 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? - correct answer. 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? - correct answer.
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? - correct answer. Name
Description
Drill URL
For which three levels can Profiles be set in Data Management? - correct answer.
User
System
Application
In Data Management, what is the purpose of Source Mapping? - correct answer.
managing source periods in relation to global periods
Which two statements are correct with regard to Data Management locations? - correct
answer. Locations must specify an import format, which may be used by other
locations.
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