QUESTION 60
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)?
(Choose two.)

QUESTION 61
Which two members of the Consolidation dimension cause the standard foreign currency translation rules to be ignored?
(Choose two.)
Response:

QUESTION 62
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?

QUESTION 63
When creating an application in Financial Consolidation and Close (FCCS), what Time Periods sections can be made?
Response:

QUESTION 64
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS) application?

QUESTION 65
Which statement is true of the default FCCS_ members within an application?
Response:

QUESTION 66
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
Response:

QUESTION 67
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.)
Response:

QUESTION 68
Which two data extract export file types are available within Financial Consolidation and Close (FCCS)?
(Choose two.)
Response:

QUESTION 69
You are required to define a form that displays all form data for only specific View dimension member and not allow users to change this.
Where on the form do you define the View dimension and select the correct member?

QUESTION 70
The close cycle covers seven days and consists of three days of pre-close preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting.
To define a Close Manager task template to monitor all seven days, which day range should you define?
Response:

QUESTION 71
When defining a batch in Data Management, which statement is True?
Response:

QUESTION 72
Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination?
Response:

QUESTION 73
Which statement is FALSE when setting up Shared Entities?

QUESTION 74
Which statement is FALSE when enabling a Multi-GAAP application?

QUESTION 75
Which financial close related component isNOT a part of the Financial Consolidation and Close Cloud integrated product suite?

QUESTION 76

PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets P_2’s debit balance?
Response:

QUESTION 77
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 wouldOracle’s Financial Consolidation and Close Cloud Service satisfy? (Choose two.)

QUESTION 78
For which three levels can Profiles be set in Data Management?
Response:

QUESTION 79
When designing a reportin Financial Reporting Studio, which item is NOT an insert-able report object?

QUESTION 80
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
Response:

QUESTION 81
Three child entities – P, Q, and R – of a mid-level parent entity – AceCo – have account receivables in the amounts of 10, 20, and 30, respectively.
Which statement contains conditions for all three entities that would cause the account receivable balance amount at AceCo not to be 60?
Response: