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Exam (elaborations)

FCCS Questions with correct answers

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FCCS Questions with correct answers

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FCCS Questions with correct answers
To which four can security be applied?
A. Smart Lists
B. Task Lists
C. Member Lists
D. Journals
E. Reports
F. Forms Correct Answer-BDEF


Which two options are available for configuring currencies in the Setup
Wizard?
A. Select rate account type for Flow and Balance accounts
B. Select the main currency
C. Select translation methods for Flow and Balance accounts
D. Select Yes for the Multicurrency option Correct Answer-BD


Which three option are available for Time Period when creating
Financial Consolidation and Close business process?
A. Create QTD members
B. Allow daily members
C. Create HYTD members
D. First month of fiscal year
E. 13 month Correct Answer-CDE

,Which one of the following properties can be modified for pre-seeded
members of an account dimension?
A. Member Name
B. Data Storage
C. Data Type
D. Account Type
E. Alias Correct Answer-E


Which of these dimensions might present consolidation performance
issues if you use member formulas?
A. Period
B. Movement
C. Entity
D. Account Correct Answer-B


Which dimension can have shared members prior to primary members?
A. Intercompany
B. Period
C. Custom
D. Movement
E. Entity Correct Answer-E


Which of the following is allowed for accounts with the data storage
type of "Dynamic Calc"?

,A. Create member formulas
B. Load data to this account
C. Enter data through a data form
D. Load data to this account and create member formulas Correct
Answer-A


Which three standard dimensions are optional in FCC?
A. Intercompany
B. Multi-GAAP
C. Currency
D. Movement
E. Custom Correct Answer-ABC


Which two statements are true?
A. Anchor dimensions are either required or not required
B. Anchored Dimensions are always required dimensions
C. Nonanchor dimensions are always required dimensions
D. Nonanchor dimensions are either required or not required Correct
Answer-BD


Which two roles allows a user to create and start the approval process
for Process Control units and journals?
A. User
B. Service Admin

, C. Viewer
D. Power User Correct Answer-BD


Which statement is true about valid intersection rule?
A. They support substitution variables as well as user variables
B. They support substitution variables only
C. They support user variables only
D. They do not support variables Correct Answer-B


A user has been granted the Viewer role. Which two actions can he
perform?
A. Create Smart View Worksheets
B. View data through Forms
C. Consolidate data
D. Drill through to source system Correct Answer-BD


Which two statements are true about Valid Intersection Rules?
A. They must use the same dimensions that were defined within their
valid intersection group.
B. Valid intersection rules in different valid intersection groups that
produce an apparent redundancy or overlap, are marked valid if they
satisfy the requirements of all valid intersection groups.
C. Valid intersection rules in different valid intersection groups that
produce an apparent redundancy or overlap, are marked valid if they
satisfy the requirements of any of the valid intersection groups.

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