1
FCCS CERTIFICATION EXAM NEWEST 2025 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+
Which two members of consolidation dimension cause the standard currency
translation rule to be ignored (Choose two)?
A. FCCS_Amount_Override
B. FCCS_Rate_Override
C. FCCS_Contribution
D. FCCS_Proportion
E. FCCS_Elimination
F. FCCS_Transalation - (ANSWER)A. FCCS_Amount_Override
B. FCCS_Rate_Override
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
, 2
F. Gross Margin - (ANSWER)A. Inventory Ratios
C. Debt Ratio
E. Days Sales in Receivables
F. Gross Margin
When can the Intercompany dimension be enabled and made visible within your
application?
A. During application creation and selecting Multi-Source Data Input of Other
Data
B. After application creation by selecting any entity as IC_Entity_Yes for the
Intercompany attribute.
C. After application creation by selecting any account as IC_Acc_Yes for the
Intercompany account attribute.
D. During application creation and selecting the Intercompany data feature
option. - (ANSWER)D. During application creation and selecting the Intercompany
data feature option.
Which three task can users perform on Financial Consolidated Close Cloud data
with Smart View in Excel? (Choose three)
A. Submit Data
B. Adjust Data with Journals
C. Retrieve Data
, 3
D. Run a rule such as Consolidate or Translate - (ANSWER)A. Submit Data
C. Retrieve Data
D. Run a rule such as Consolidate or Translate
If the Alias of an Entity that marked as "Is Intercompany" and is later changed,
what happens to the corresponding Inetrcompany member alias?
A. The Intercompany alias is set to the Entity name
B. The Intercompany alias is automatically changed to New entity alias
C. The Intercompany alias is not automatically changed to New entity alias
D. The Intercompany alias is automatically set to the Intercompany name. -
(ANSWER)B. The Intercompany alias is automatically changed to New entity alias
Which three fields must be defined when registering a file based source system in
Data Management? (Choose three)
A. Source Type
B. Drill URL
C. Cloud Type
D. Description
E. Name - (ANSWER)A. Source Type
D. Description
E. Name
, 4
Which is NOT a member of the "Data Source" dimension created by Financial
Consolidation and Close (FCCS)?
A. FCCS_No Data Source
B. FCCS_Data Input
C. FCCS_System Types
D. FCCS_Proportion - (ANSWER)D. FCCS_Proportion
How is drill back enabled to supplemental Data Manager (SDM) from the
supplemental data member within the multi source dimension?
A. Drill back to SDM is not an available feature
B. Drill back is available from any multi source dimension member by default,
know the source of the original data load.
C. By selecting Track Multi-Source Data Input Option for Supplemental Data
during the application creation process.
D. By selecting Track Multi-Source Data Input Option for Other Data during the
application creation process - (ANSWER)D. By selecting Track Multi-Source Data
Input Option for Other Data during the application creation process
P,Q and R and children of mid-level parent entity, AceCo. In February each entity
has cash in the amounts of 10, 20 and 30, respectively, and AceCo has been
consolidated and has cash of 60. A prior period adjustment to Q adjust cash with
a debit of 5. Which statement regarding consolidation is correct?
FCCS CERTIFICATION EXAM NEWEST 2025 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+
Which two members of consolidation dimension cause the standard currency
translation rule to be ignored (Choose two)?
A. FCCS_Amount_Override
B. FCCS_Rate_Override
C. FCCS_Contribution
D. FCCS_Proportion
E. FCCS_Elimination
F. FCCS_Transalation - (ANSWER)A. FCCS_Amount_Override
B. FCCS_Rate_Override
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
, 2
F. Gross Margin - (ANSWER)A. Inventory Ratios
C. Debt Ratio
E. Days Sales in Receivables
F. Gross Margin
When can the Intercompany dimension be enabled and made visible within your
application?
A. During application creation and selecting Multi-Source Data Input of Other
Data
B. After application creation by selecting any entity as IC_Entity_Yes for the
Intercompany attribute.
C. After application creation by selecting any account as IC_Acc_Yes for the
Intercompany account attribute.
D. During application creation and selecting the Intercompany data feature
option. - (ANSWER)D. During application creation and selecting the Intercompany
data feature option.
Which three task can users perform on Financial Consolidated Close Cloud data
with Smart View in Excel? (Choose three)
A. Submit Data
B. Adjust Data with Journals
C. Retrieve Data
, 3
D. Run a rule such as Consolidate or Translate - (ANSWER)A. Submit Data
C. Retrieve Data
D. Run a rule such as Consolidate or Translate
If the Alias of an Entity that marked as "Is Intercompany" and is later changed,
what happens to the corresponding Inetrcompany member alias?
A. The Intercompany alias is set to the Entity name
B. The Intercompany alias is automatically changed to New entity alias
C. The Intercompany alias is not automatically changed to New entity alias
D. The Intercompany alias is automatically set to the Intercompany name. -
(ANSWER)B. The Intercompany alias is automatically changed to New entity alias
Which three fields must be defined when registering a file based source system in
Data Management? (Choose three)
A. Source Type
B. Drill URL
C. Cloud Type
D. Description
E. Name - (ANSWER)A. Source Type
D. Description
E. Name
, 4
Which is NOT a member of the "Data Source" dimension created by Financial
Consolidation and Close (FCCS)?
A. FCCS_No Data Source
B. FCCS_Data Input
C. FCCS_System Types
D. FCCS_Proportion - (ANSWER)D. FCCS_Proportion
How is drill back enabled to supplemental Data Manager (SDM) from the
supplemental data member within the multi source dimension?
A. Drill back to SDM is not an available feature
B. Drill back is available from any multi source dimension member by default,
know the source of the original data load.
C. By selecting Track Multi-Source Data Input Option for Supplemental Data
during the application creation process.
D. By selecting Track Multi-Source Data Input Option for Other Data during the
application creation process - (ANSWER)D. By selecting Track Multi-Source Data
Input Option for Other Data during the application creation process
P,Q and R and children of mid-level parent entity, AceCo. In February each entity
has cash in the amounts of 10, 20 and 30, respectively, and AceCo has been
consolidated and has cash of 60. A prior period adjustment to Q adjust cash with
a debit of 5. Which statement regarding consolidation is correct?
