FCCS REVIEW PACKAGE DEAL 2026
VERIFIED QUESTIONS AND COMPLETE
SOLUTIONS GRADED A+
⩥ On what days during the month does Oracle apply patch updates to fix
bugs, apply code optimizations, and add new features?
A. the third Friday of each month to apply to both TEST and PROD
simultaneously
B. the first and third Monday of each month; first Monday for TEST and
third Monday for PROD
C. the second and fourth Friday of each month; second Friday for Test
and fourth Friday for PROD
D. the first and third Friday of each month; first Friday for TEST and
third Friday for PROD.
Answer: the first and third Friday of each month; first Friday for TEST
and third Friday for PROD
⩥ Which two prebuilt calculations run on the Movement dimension to
determine CTA by account?
,A. Prior Average Rate minus Current Average Rate multiplied by
FCCS_Mvmts_Subtotal
B. Prior Ending Rate minus Current Ending Rate divided by
FCCS_Mvmts_Subtotal
C. FCCS_OpeningBalance multiplied by Ending Rate minus
FCCS_OpeningBalance carry forward
D. FCCS_Mvmts_Subtotal multiplied by ending Rate minus
FCCS_Mvmts_Subtotal multiplied by Average Rate.
Answer: FCCS_OpeningBalance multiplied by Ending Rate minus
FCCS_OpeningBalance carry forward
FCCS_Mvmts_Subtotal multiplied by ending Rate minus
FCCS_Mvmts_Subtotal multiplied by Average Rate
⩥ Which statement correctly describes the Consolidation dimension?
A. The dimension contains members to store non-controlling interest
and joint venture data
,B. The dimension uses a separate member to store data from an entity's
descendants
C. The dimension allows users to see input versus journal adjustment
data
D. The dimension aggregates input, consolidated, and elimination data
together.
Answer: The dimension allows users to see input versus journal
adjustment data
⩥ When enabling Multi-GAAP during application creation, which
additional option is available?
A. Automatically calculate adjustment
B. Allow adjustments for IFRS
C. Track Multi-Source Data Input
D. Include Supplemental Data.
Answer: Automatically calculate adjustment
, ⩥ For data load rules in Data Management, which two statements are
FALSE?
A. If specified, the import format will be used; if not, then the location's
format will be used
B. A job must first run to import the data file before the user can run the
data load rule
C. End users can upload a file when running a data load rule
D. Data load rules cannot be shared across locations
E. Valid load types are Merge and Replace.
Answer: A job must first run to import the data file before the user can
run the data load rule
Valid load types are Merge and Replace
⩥ 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
VERIFIED QUESTIONS AND COMPLETE
SOLUTIONS GRADED A+
⩥ On what days during the month does Oracle apply patch updates to fix
bugs, apply code optimizations, and add new features?
A. the third Friday of each month to apply to both TEST and PROD
simultaneously
B. the first and third Monday of each month; first Monday for TEST and
third Monday for PROD
C. the second and fourth Friday of each month; second Friday for Test
and fourth Friday for PROD
D. the first and third Friday of each month; first Friday for TEST and
third Friday for PROD.
Answer: the first and third Friday of each month; first Friday for TEST
and third Friday for PROD
⩥ Which two prebuilt calculations run on the Movement dimension to
determine CTA by account?
,A. Prior Average Rate minus Current Average Rate multiplied by
FCCS_Mvmts_Subtotal
B. Prior Ending Rate minus Current Ending Rate divided by
FCCS_Mvmts_Subtotal
C. FCCS_OpeningBalance multiplied by Ending Rate minus
FCCS_OpeningBalance carry forward
D. FCCS_Mvmts_Subtotal multiplied by ending Rate minus
FCCS_Mvmts_Subtotal multiplied by Average Rate.
Answer: FCCS_OpeningBalance multiplied by Ending Rate minus
FCCS_OpeningBalance carry forward
FCCS_Mvmts_Subtotal multiplied by ending Rate minus
FCCS_Mvmts_Subtotal multiplied by Average Rate
⩥ Which statement correctly describes the Consolidation dimension?
A. The dimension contains members to store non-controlling interest
and joint venture data
,B. The dimension uses a separate member to store data from an entity's
descendants
C. The dimension allows users to see input versus journal adjustment
data
D. The dimension aggregates input, consolidated, and elimination data
together.
Answer: The dimension allows users to see input versus journal
adjustment data
⩥ When enabling Multi-GAAP during application creation, which
additional option is available?
A. Automatically calculate adjustment
B. Allow adjustments for IFRS
C. Track Multi-Source Data Input
D. Include Supplemental Data.
Answer: Automatically calculate adjustment
, ⩥ For data load rules in Data Management, which two statements are
FALSE?
A. If specified, the import format will be used; if not, then the location's
format will be used
B. A job must first run to import the data file before the user can run the
data load rule
C. End users can upload a file when running a data load rule
D. Data load rules cannot be shared across locations
E. Valid load types are Merge and Replace.
Answer: A job must first run to import the data file before the user can
run the data load rule
Valid load types are Merge and Replace
⩥ 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
