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Download Oracle Financial Consolidation and Close 2022 Implementation Professional Exam Dumps

NEW QUESTION 50
Which statement
about the Equity Pickup feature is FALSE?

A. Equity Pickup rules are run on-demand from the Rules card by users with launch permissions.B. Equity Pickup requires that the Ownership Management with Equity Pickup feature is enabled.C. Equity Pickup rules run as part of the consolidation process.D. Seeded rule-sets are provided for Equity Pickup.

Answer: C

 

NEW QUESTION 51
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?

A. Select Dimensions, then Actions, and then Import DataB. Select Application, then Overview, then Actions, and then Import DataC. Select Import, then Actions, and then DataD. Select Application, then Overview, then Data, and then Export

Answer: B

 

NEW QUESTION 52
Company 123 is a public company that 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 of Company XYZ to Parent CurrencyB. A translation to the USD_Reporting currency member for Company IOUC. A consolidation of Company XYZD. A consolidation of Company 123E. A translation of Company IOU

Answer: A

 

NEW QUESTION 53
Which statement accurately describes alternate hierarchies?

A. Single entities having multiple parentsB. Data must be entered multiple times for shared membersC. Contribution to parent members are similarD. Parent members having the same currency

Answer: A

 

NEW QUESTION 54
......

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