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NEW QUESTION 31

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

  • A. Currency, Account, Movement
  • B. Entity, Currency, Account
  • C. Entity, Consolidation, Currency
  • D. Consolidation, Currency, Account

Answer: A

NEW QUESTION 32

When can the Intercompany Dimension be enabled and n=made visible within your application?

  • A. during application creation and selecting Multi-source Data Input of Other Data
  • B. during application creation and selecting the Intercompany Data feature option
  • C. after application creation by selecting any Entity as IC_Entity_Yes for the Intercompany Entity attribute
  • D. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute

Answer: B

NEW QUESTION 33

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?

  • A. P has a different currency than AceCo, Q is 40% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
  • B. P has a different currency than AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with Q.
  • C. P has the same currency as AceCo, Q is 90% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.
  • D. P has the same currency as AceCo, Q is 100% owned, and R has 10 of the 30 as an intercompany receivable balance with another division that is not a descendant of AceCo.

Answer: C

NEW QUESTION 34

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

  • A. 12-month and 13-month
  • B. 12-month, 13-month and a 14-month
  • C. 12-month only
  • D. Any number of months can be selected

Answer: A

NEW QUESTION 35

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