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NEW QUESTION 46
What is the correct Currency dimension member to select when running an Intercompany Matching Report?

A. Input CurrencyB. Reporting CurrencyC. Parent CurrencyD. Entity Currency

Answer: B

Explanation:
Currency (Must be a Reporting Currency)
Reference:
setting_up_intercompany_matching_reports.html

 

NEW QUESTION 47
Financial Consolidation Close Cloud maintains the status calculation for which combination of dimensions?

A. Year, Scenario, Base Entity and AccountB. Period, Scenario, Base Entity and Parent EntityC. Scenario, Account, Base Entity and Parent EntityD. Scenario, View, Parent Entity and Account

Answer: B

 

NEW QUESTION 48
Which two
statements are true of the roll forward calculation in the Movement dimension?

A. Values for Opening Balance are retrieved from the prior period Closing Balance.B. Translated values for Closing Balance are adjusted to the ending rate for the period.C. Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.D. Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

Answer: A,B

Explanation:
If Entity currency and Parent currency Closing Balance data does not exist in the prior period, then the Ending Rate for the prior period is used.
Opening balance is calculated from the prior period's Closing Balance.
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/built_in_calculations.html

 

NEW QUESTION 49
When you set the Intercompany Account Attribute Value to Yes, which additional attribute must also be set?

A. Intercompany EntityB. Is Plug AccountC. Plug AccountD. Intercompany Account

Answer: B

 

NEW QUESTION 50
How can Metadata be imported into any Financial Consolidation and Close (FCCS) application?

A. by selecting Application, then Overview, then Dimensions, and then ImportB. by selecting Dimension, then Import, and then MetadataC. by selecting Application, then Overview, then Dimensions, and then ExportD. by selecting Tasks, then Metadata, and then Import

Answer: A

 

NEW QUESTION 51
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