FCCS 2 Exam Questions With Complete
solutions Graded A+ Newest Version
Which four sample ratios can be created during the application creation process?
(Choose four)
A. Inventory Ratios
B. Contribution Margin
C. Debt Ratio
D. Earning Per Share
E. Days Sales in Receivables
F. Gross Margin - CORRECT ANSWER-A. Inventory Ratios
C. Debt Ratio
E. Days Sales in Receivables
F. Gross Margin
When setting an account property to a data storage type of "Dynamic Calc" which is
allowed?
A. Member formulas cannot be created
B. Load data to this account and make member formulas
C. Load data to this account
D. Create member formulas - CORRECT ANSWER-D. Create member formulas
Which three scenarios result in foreign currency translation during the default
consolidation process? (Choose three)
A. A base entity currency has a parent entity with a matching default currency.
B. A base entity currency has a parent entity with a different default currency.
, C. A parent entity has the same default currency as its parent.
D. A parent entity has the different default currency from its parent.
E. A shared entity has a parent with different currency. - CORRECT ANSWER-B. A
base entity currency has a parent entity with a different default currency.
D. A parent entity has the different default currency from its parent.
E. A shared entity has a parent with different currency.
By default security access is set to "None" for which three dimensions? (Choose three)
A. Movement
B. Data Source
C. Account
D. Entity
E. Year - CORRECT ANSWER-B. Data Source
C. Account
D. Entity
When you set the Intercompany Account attribute to Yes, which additional attribute
must also be set?
A. Plug Account
B. Intercompany account
C. Is Plug Account
D. Intercompany entity - CORRECT ANSWER-A. Plug Account
Which statement is true regarding data management categories?
A. Categories are defined on Global mapping tab and then the frequency is specified on
application mapping tab
solutions Graded A+ Newest Version
Which four sample ratios can be created during the application creation process?
(Choose four)
A. Inventory Ratios
B. Contribution Margin
C. Debt Ratio
D. Earning Per Share
E. Days Sales in Receivables
F. Gross Margin - CORRECT ANSWER-A. Inventory Ratios
C. Debt Ratio
E. Days Sales in Receivables
F. Gross Margin
When setting an account property to a data storage type of "Dynamic Calc" which is
allowed?
A. Member formulas cannot be created
B. Load data to this account and make member formulas
C. Load data to this account
D. Create member formulas - CORRECT ANSWER-D. Create member formulas
Which three scenarios result in foreign currency translation during the default
consolidation process? (Choose three)
A. A base entity currency has a parent entity with a matching default currency.
B. A base entity currency has a parent entity with a different default currency.
, C. A parent entity has the same default currency as its parent.
D. A parent entity has the different default currency from its parent.
E. A shared entity has a parent with different currency. - CORRECT ANSWER-B. A
base entity currency has a parent entity with a different default currency.
D. A parent entity has the different default currency from its parent.
E. A shared entity has a parent with different currency.
By default security access is set to "None" for which three dimensions? (Choose three)
A. Movement
B. Data Source
C. Account
D. Entity
E. Year - CORRECT ANSWER-B. Data Source
C. Account
D. Entity
When you set the Intercompany Account attribute to Yes, which additional attribute
must also be set?
A. Plug Account
B. Intercompany account
C. Is Plug Account
D. Intercompany entity - CORRECT ANSWER-A. Plug Account
Which statement is true regarding data management categories?
A. Categories are defined on Global mapping tab and then the frequency is specified on
application mapping tab
