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Oracle FCCS Certification Questions and answers verified A+
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Oracle FCCS Certification Questions and answers verified A+Oracle FCCS Certification Questions and answers verified A+Oracle FCCS Certification Questions and answers verified A+

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Document information

  • November 12, 2024
  • 39
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • oracle fccs certification questions and answers ve

Written for

  • Oracle FCCS
  • Oracle FCCS

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Oracle FCCS Certification Questions and
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answers verified A+ ye ye




Companyye123yeisyeayepublicyecompanyyethatyereportsyeinyeUSyeDollars.yeCompanyye123yeownsyeCompanyyeXYZ,yea
yeEuropeanyecompanyyethatyeconsolidatesyeinyeEuro.yeOneyeofyetheyeCompanyyeXYZ'syesubsidiariesyeisyeCompanyy

eIOU,yeheadquarteredyeinyeSwitzerlandyewithyeayefunctionalyecurrencyyeofyetheyeSwissyeFranc.yeWhichyeprocessyep

roducesyeUSDyebalancesyeforyeCompanyyeIOU?

A.yeAyetranslationyetoyetheyeUSD_ReportingyecurrencyyememberyeforyeCompanyyeIOU

B.yeAyetranslationyeofyeCompanyyeIOU

C.yeAyeconsolidationyeofyeCompanyye123

D.yeAyeconsolidationyeofyeCompanyyeXYZ

E.yeAyetranslationyeofyeCompanyyeXYZyetoyeParentyeCurrencyye-yecorrectyeanswers-
E.yeAyetranslationyeofyeCompanyyeXYZyetoyeParentyeCurrency
Whichyestatementyeisyecorrectyeregardingyeintercompanyyeeliminations?

A.yeIntercompanyyeeliminationsyeareyegenerallyyerequiredyetoyeremoveyetheyeeffectyeofyetransactionsyewithinyeth
eyecompany

B.yeIntercompanyyeeliminationsyeareyerequiredyeforyesustainabilityyereportingyetoyeshowyetheyecompany'syewast
eyeoutput.

C.yeIntercompanyyeeliminationsyeareyeoptionalyeinyeFCCSyeandyeuseyeoneyeofyetheyecustomyedimensionsyewhenyee
nabled.

D.yeIntercompanyyeeliminationsyeareyeneededyewhenyeayecompanyyedivestsyeitselfyeofyeayedivisionye-
yecorrectyeanswers-

A.yeIntercompanyyeeliminationsyeareyegenerallyyerequiredyetoyeremoveyetheyeeffectyeofyetransactionsyewithinyeth
eyecompany
WhatyememberyeofyetheyeCurrencyyedimensionyeisyeassociatedyewithyetheyeEntityyeInputyememberyeofyetheyeCons
olidationyedimension?

A.yeBaseyeCurrency

B.yeParentyeCurrency

C.yeLocalyeCurrency

D.yeEntityyeCurrencyye-yecorrectyeanswers-D.yeEntityyeCurrency
WhichyestatementyeisyefalseyeregardingyeestablishingyesecurityyeforyeFinancialyeConsolidationyeandyeCloseye(FCCS
)?

,A.yeAllyemembersyeareyeaccessibleyeforyedimensionsyewithyenoyesecurityyeapplied.

B.yeTheyeIdentityyeDomainyeAdministratoryeinheritsyefullyeaccessyeprivileges.

C.yeSecurityyeisyemandatoryyeforyeoneyedimension.

D.yeSecurityyecanyebeyeassignedyeatyeayeparentyelevel.

E.yeSecurityyecanyebeyedisabledyeforyeanyyedimension.ye-yecorrectyeanswers-
A.yeAllyemembersyeareyeaccessibleyeforyedimensionsyewithyenoyesecurityyeapplied.
Whichyethreeyefieldsyemustyebeyedefinedyewhenyeregisteringyeayefile-
basedyesourceyesystemyeinyeDatayeManagement?ye(Chooseyethree.)

A.yeSourceyeType

B.yeDrillyeURL

C.yeCloudyeType

D.yeDescription

E.yeNameye-yecorrectyeanswers-A.yeSourceyeType

B.yeDrillyeURL

E.yeName
WhenyeayeFinancialyeConsolidationyeandyeCloseye(FCCS)yeapplicationyewasyecreated,yenoyeintercompanyyeoption
syewereyeenabled.yeWhichyestatementyeisyetrue?

A.yeTheyeFCCS_NoyeIntercompanyyememberyeofyetheyeICPyedimensionyewillyebeyeusedyeforyeallyedata

B.yeDatayecanyebeyestoredyebyyeintercompanyyepartneryebutyenoyeeliminationsyewillyeoccur.

C.yeAnyeextrayecustomyedimensionyewillyebeyeavailable.

D.yeTheyeICPyedimensionyewillyebeyeomitted.ye-yecorrectyeanswers-D.yeTheyeICPyedimensionyewillyebeyeomitted.
ForyewhichyethreeyetasksyecanyeDatayeManagementyebeyeused?ye(Chooseyethree.)

A.yeloadingyedatayethatyeisyeperiod-to-dateyeoryeyear-to-date

B.yedrillingyethroughyefromyeayewebyeformyeoryeSmartyeView

C.yeloadingyedatayefromyeayefixedyewidthyeoryedelimitedyetextyefile

D.yewritingyebackyedatayetoyesourceyesystems

,E.yeloadingyeayeMetadatayeImportyeFileye-yecorrectyeanswers-A.yeloadingyedatayethatyeisyeperiod-to-dateyeoryeyear-
to-date

B.yedrillingyethroughyefromyeayewebyeformyeoryeSmartyeView

C.yeloadingyedatayefromyeayefixedyewidthyeoryedelimitedyetextyefile
YouyeareyerequiredyetoyedefineyeayeformyethatyedisplaysyeallyeformyedatayeforyeonlyyespecificyeViewyedimensionyeme
mberyeandyenotyeallowyeusersyetoyechangeyethis.yeWhereyeonyetheyeformyedoyeyouyedefineyetheyeViewyedimensionye
andyeselectyetheyecorrectyemember?

A.yeayecolumn

B.yeOtheryeOptionsyesection

C.yetheyePageyeAxis

D.yetheyePointyeofyeViewye-yecorrectyeanswers-D.yetheyePointyeofyeView
WhichyedimensionyeincludesyetheyeFCCS_GlobalyeAssumptionyememberyethatyeisyeusedyetoyestoreyecurrencyyeinf
ormation?

A.yeAccount

B.yeFromyeCurrency

C.yeEntity

D.yeCurrencyye-yecorrectyeanswers-C.yeEntity
WhichyetwoyestatementsyeareyecorrectyewithyeregardyetoyeDatayeManagementyelocations?ye(Chooseyetwo.)

A.yeAyecompanyyewithyethreeyeinstancesyeofyeOracleyeEBSyeR12yeshouldyeonlyyeuseyeoneyelocationyetoyemaintainyep
roperyeaccountingyecontrols.

B.yeLocationyesecurityyeallowsyeusersyetoyebeyeprovisionedyeinyeSharedyeServicesyeforyereadyeoryemodifyyeaccessyet
oyeeachyelocation.

C.yeLocationsyecanyeshareyedimensionyememberyemappingsyebyyespecifyingyeayelocationyeasyeayeparentyelocationye
ofyeothers.

D.yeTheyelogicyeaccountyegroupyeisyerequiredyeinyeorderyetoyeeffectyerunningyeofyecalculationsyeafteryetheyedatayeloa
d.

E.yeLocationsyemustyespecifyyeanyeimportyeformat,yewhichyemayyebeyeusedyebyyeotheryelocations.

F.yeDatayeloadyerulesyecanyebeyesharedyeacrossyelocations.ye-yecorrectyeanswers-
C.yeLocationsyecanyeshareyedimensionyememberyemappingsyebyyespecifyingyeayelocationyeasyeayeparentyelocationye
ofyeothers.

E.yeLocationsyemustyespecifyyeanyeimportyeformat,yewhichyemayyebeyeusedyebyyeotheryelocations.

, WhichyethreeyekeyyerequirementsyedoesyetheyeFinancialyeConsolidationyeandyeCloseyeCloudyeServiceye(FCCS)yedel
iveryetoyeensureyeayemodernyeconsolidationyeandyecloseyesolution?ye(Chooseyethree.)

A.yeEnsureyesecurityyeofyesensitiveyedata

B.yeIntegrateyewithyesourceyesystems.

C.yeProvideyepredictiveyeanalysisyeandyemodeling

D.yeProvideyeayestrongyecomplianceyeframeworkyethatyeincludesyeauditingyeandyesegregationyeofyeduties.ye-
yecorrectyeanswers-A.yeEnsureyesecurityyeofyesensitiveyedata




B.yeIntegrateyewithyesourceyesystems.

D.yeProvideyeayestrongyecomplianceyeframeworkyethatyeincludesyeauditingyeandyesegregationyeofyeduties.
WhenyedesigningyeayereportyeinyeFinancialyeReportingyeStudio,yewhichyetwoyeitemsyeareyeNOTyeanyeinsert-
ableyereportyeobject?

A.yeChart

B.yeGrid

C.yeImage

D.yeHeader

E.yeFooterye-yecorrectyeanswers-D.yeHeader

E.yeFooter
WhichyefouryestatementsyeareyetrueyeaboutyetheyemembersyeinyetheyeFCCS_CashyeFlowyehierarchyyeinyetheyeMove
mentyedimension?ye(Chooseyefour.)

A.yeTheyeCashyeChangeyehierarchyyecannotyebeyemodified.

B.yeAllyeprimaryyeMovementyemembersyeunderyetheyeFCCS_Mvmts_Subtotalyememberyemustyebeyeincludedyeiny
etheyeFCCS_CashFlowyehierarchy.




C.yeTheyeseededyememberyeFCCS_Mvmts_AccountsPayableyefoundyewithinyetheyeFCCS_CashFlowyehierarchyyeh
asyeayeSubtractionyeoperator.

D.yeInputyelevelyemembersyeunderyetheyeFCCS_Mvmts_SubtotalyeareyeSharedyemembersyeinyetheyeFCCS_CashFlo
wyehierarchy.

E.yeStandardyecashyeaccountsyeareyemembersyeofyetheyeFCCS_CashFlow_Operatingyehierarchy.

F.yeSiblingsyecanyebeyeaddedyetoyetheyeFCCS_CashFlow_Investingyemember.ye-yecorrectyeanswers-
C.yeTheyeseededyememberyeFCCS_Mvmts_AccountsPayableyefoundyewithinyetheyeFCCS_CashFlowyehierarchyyeh
asyeayeSubtractionyeoperator.

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