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NEW QUESTION 32
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
Answer: A,B
NEW QUESTION 33
Which statement
is false regarding establishing security for Financial Consolidation and Close?
Answer: B
Explanation:
The Identity Domain Administrator is not a functional role; it does not inherit access privileges granted through functional roles. To access service features, the Identity Domain Administrator must be granted one of the four functional roles in Tax Reporting.
Reference:
admin_security_predefined_roles_112x5e7954a4.html
NEW QUESTION 34
Which two members of the Data Source dimension are optional when you create a Financial Consolidation and Close (FCCS) application? (Choose two.)
Answer: A,B
Explanation:
Optional - Only if selected during application creation. Reference: https://www.bisptrainings.com/pdf/pdf_docs/OracleFCCSGettingStartedGuideII- 20191116111928.pdf
NEW QUESTION 35
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)
Answer: D,E
NEW QUESTION 36
Which four items are active components of the Currency dimension? (Choose four.)
Answer: A,C,D,F
Explanation:
You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.
NEW QUESTION 37
......
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