Study guides, Class notes & Summaries

Oracle FCCS Certification Questions (2024/2025) Newest Questions and Answers (Verified Answers)

Oracle FCCs Certification Exam (New 2024/2025 Update) Questions and Verified Answers| 100% Correct | A Grade QUESTION Which item is NOT defined when creating valid intersection groups? Answer: whether the anchor members specified are valid or invalid QUESTION What are two important first steps in initially setting up Close Manager? Create a schedule and set it to Open status. Set up Users. Assign tasks to users. Define system settings such as Organization units, H...

FCCs Oracle Certification Exam |Questions and Verified Answers| 100% Correct | A Grade (2024/ 2025) QUESTION When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension: WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'ELSE 'SALES'Which statement is True? A. The script can be eliminated by using a multi-dim map on the Product dimension that also looks for the account Sales. B. The script will work if the scr...

Oracle FCCs Certification Prep Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100% Correct | A Grade QUESTION If the Intercompany Property for an Entity is changed from marked to unmarked, which result occurs? A. The alias of the associated Intercompany member is automatically updated. B. The associated Intercompany member must be manually removed. C. The associated Intercompany member is automatically removed. D. The alias of the associated Intercompany member must...

Oracle FCCS Certification Questions/ Exam Review Questions and answers, verified/ 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 to the USD_Reporting currency member for Company IOU B. A translatio...

FCCs Oracle Certification Exam (2024/ 2025) Questions and Verified Answers| 100% Correct | Grade A Q: When designing a report in Financial Reporting Studio, which two items are NOT an insert-able report object? A. Chart B. Grid C. Image D. Header E. Footer Answer: D. Header E. Footer Q: Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension? (Choose four.) A. The Cash Change hierarchy cannot be modified. B. All primary Mov...

Oracle FCCs Certification Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct | Grade A Q: How can Financial Consolidation and Close (FCCS) Metadata be managed via SmartView? Answer: Via Shared or Private Connections Q: What steps are necessary to enable Metadata updates within a Financial Consolidation and Close (FCCS) application? Answer: Once metadata has been successfully imported, the options for Refresh Database need to be completed Q: Whic...

Oracle FCCs Certification Practice Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct | Grade A Q: Which financial close related component is NOT a part of the Financial Consolidation and Close Cloud integrated product suite? A. Process Management B. Account Reconciliation Management C. Data Management D. Supplemental Data Management E. Financial Close Management Answer: Account Reconciliation Management Q: A client company has expanded quickly in t...

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 to the USD_Reporting currency member for Company IOU B. A translation of Company IOU C. A consolidation of Company 123 D. A consolidation of Company XYZ E....

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 to the USD_Reporting currency member for Company IOU B. A translation of Company IOU C. A consolidation of Company 123 D. A consolidation of Company XYZ ...