FCCS Exam – Erich Questions And Answers
Latest 2025
In Financial Close Manager, when would you choose to define tasks
in a Template rather than
create a new Schedule each month?
A. when the tasks are repeatable over multiple close cycles
B. when the tasks require consistent definition across close
schedules
C. when the tasks are often late in completion and they need to be
monitored more closely
D. when the tasks require multiple levels of approvers -
correct answer ✅A. when the tasks are repeatable over multiple
close cycles
Which two data extract export file types are available within
Financial Consolidation and Close
(FCCS)? (Choose two.)
A. DAT file type
,FCCS Exam – Erich Questions And Answers
Latest 2025
B. Excel XLS file type
C. Comma delimited
D. Tab delimited -
correct answer ✅C. Comma delimited
D. Tab delimited
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
,FCCS Exam – Erich Questions And Answers
Latest 2025
for the account Sales.
B. The script will work if the script is referenced in the In mapping
type with #SQL as the target.
C. The script will not work since Data Management does not
support scripting.
D. The script will not work since the UD5 member referenced does
not start with FCCS_
E. The script will work if the script is referenced in the Explicit
mapping type with #SQL as the target. -
correct answer ✅A. The script can be eliminated by using a multi-
dim map on the Product dimension that also looks
for the account Sales.
P, Q, and R are children of a 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
, FCCS Exam – Erich Questions And Answers
Latest 2025
prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do a prior period entry like this.
B. January and February should be consolidated.
C. February should be consolidated, after which the cash at AceCo
is now 65.
D. January should be consolidated for the change and nothing
needs to happen for February. -
correct answer ✅D. January should be consolidated for the change
and nothing needs to happen for February.
Which statement correctly describes the Consolidation dimension?
A. The dimension contains members to store non-controlling
interest and joint venture data.
Latest 2025
In Financial Close Manager, when would you choose to define tasks
in a Template rather than
create a new Schedule each month?
A. when the tasks are repeatable over multiple close cycles
B. when the tasks require consistent definition across close
schedules
C. when the tasks are often late in completion and they need to be
monitored more closely
D. when the tasks require multiple levels of approvers -
correct answer ✅A. when the tasks are repeatable over multiple
close cycles
Which two data extract export file types are available within
Financial Consolidation and Close
(FCCS)? (Choose two.)
A. DAT file type
,FCCS Exam – Erich Questions And Answers
Latest 2025
B. Excel XLS file type
C. Comma delimited
D. Tab delimited -
correct answer ✅C. Comma delimited
D. Tab delimited
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
,FCCS Exam – Erich Questions And Answers
Latest 2025
for the account Sales.
B. The script will work if the script is referenced in the In mapping
type with #SQL as the target.
C. The script will not work since Data Management does not
support scripting.
D. The script will not work since the UD5 member referenced does
not start with FCCS_
E. The script will work if the script is referenced in the Explicit
mapping type with #SQL as the target. -
correct answer ✅A. The script can be eliminated by using a multi-
dim map on the Product dimension that also looks
for the account Sales.
P, Q, and R are children of a 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
, FCCS Exam – Erich Questions And Answers
Latest 2025
prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do a prior period entry like this.
B. January and February should be consolidated.
C. February should be consolidated, after which the cash at AceCo
is now 65.
D. January should be consolidated for the change and nothing
needs to happen for February. -
correct answer ✅D. January should be consolidated for the change
and nothing needs to happen for February.
Which statement correctly describes the Consolidation dimension?
A. The dimension contains members to store non-controlling
interest and joint venture data.
