FCCS FINAL PAPER QUESTIONS AND
SOLUTIONS
◉ When can the Multi-GAAP dimension can be enabled?
Answer: During application creation by selecting the Multi-GAAP
feature
◉ Which option can be used for quarter distributions on a 13-
month time period calendar when creating a Financial
Consolidation and Close Cloud (FCCS) application?
Answer: 3-3-3-4
◉ When can the HYTD (Half-year to date) member for the View
dimension be enabled?
Answer: At application creation only via the Application Creation
Wizard
◉ How is drill-back enabled to Supplemental Data Manager
(SDM) from the Supplemental Data member within the Multi-
source dimension?
Answer: By selecting Track Multi-source Data Input option for
Supplemental Data during the application creation process.
◉ Which two Balance Sheet hierarchy types are available during
application creation?
,Answer: Traditional Balance Sheet
Net Assets
◉ When creating a Financial Consolidation and Close (FCCS)
application, what is the default Start Year?
Answer: 2015
◉ How do you enable multiple currencies within a Financial
Consolidation and Close (FCCS) application?
Answer: During application creation, select the Multicurrency
option of "Yes".
◉ When creating a Financial Consolidation and Close (FCCS)
application, which initial Multi-source data options can be
selected?
Answer: Supplemental Data
Data Management
◉ What is the primary function of enabling the Track
Intercompany Elimination option during the application creation?
Answer: process will separate total elimination values by Data
Source.
, ◉ Which four sample ratios can be created during the application
creation process?
Answer: Inventory Ratios
Debt Ratio
Earnings per Share
Gross Margin
◉ Which three Data Forms are automatically created during for
the application creation process?
Answer: Data Status
Overrides
Exchange Rate Multi-period
◉ Which is true behavior of default FCCS_ members within an
application?
Answer: You can change the Alias of these default FCCS_ members
at any time.
◉ Which explains why the Currency dimension does NOT display
in your application?
SOLUTIONS
◉ When can the Multi-GAAP dimension can be enabled?
Answer: During application creation by selecting the Multi-GAAP
feature
◉ Which option can be used for quarter distributions on a 13-
month time period calendar when creating a Financial
Consolidation and Close Cloud (FCCS) application?
Answer: 3-3-3-4
◉ When can the HYTD (Half-year to date) member for the View
dimension be enabled?
Answer: At application creation only via the Application Creation
Wizard
◉ How is drill-back enabled to Supplemental Data Manager
(SDM) from the Supplemental Data member within the Multi-
source dimension?
Answer: By selecting Track Multi-source Data Input option for
Supplemental Data during the application creation process.
◉ Which two Balance Sheet hierarchy types are available during
application creation?
,Answer: Traditional Balance Sheet
Net Assets
◉ When creating a Financial Consolidation and Close (FCCS)
application, what is the default Start Year?
Answer: 2015
◉ How do you enable multiple currencies within a Financial
Consolidation and Close (FCCS) application?
Answer: During application creation, select the Multicurrency
option of "Yes".
◉ When creating a Financial Consolidation and Close (FCCS)
application, which initial Multi-source data options can be
selected?
Answer: Supplemental Data
Data Management
◉ What is the primary function of enabling the Track
Intercompany Elimination option during the application creation?
Answer: process will separate total elimination values by Data
Source.
, ◉ Which four sample ratios can be created during the application
creation process?
Answer: Inventory Ratios
Debt Ratio
Earnings per Share
Gross Margin
◉ Which three Data Forms are automatically created during for
the application creation process?
Answer: Data Status
Overrides
Exchange Rate Multi-period
◉ Which is true behavior of default FCCS_ members within an
application?
Answer: You can change the Alias of these default FCCS_ members
at any time.
◉ Which explains why the Currency dimension does NOT display
in your application?