FCCS Exam questions with correct answers
1. Which components are prebuilt into Financial Consolidation and
Close to provide a configurable and scalable consolidation solution?
Calculations, dashboards, and reports built on planning frameworks to
provide cash flow planning
Pre-built integrations to combine narrative and data to produce both
internal and external reporting packages
Calculations, dashboards, and reports as well as detailed data source
tracking and an automated cash flow
Calculations, dashboards, and reports to provide analysis for cash flow
modeling Correct Answer-Calculations, dashboards, and reports as well
as detailed data source tracking and an automated cash flow
2. You can refresh the database on the Application page. You must
refresh it whenever you change the structure. Which action requires
refreshing the database?
You edit the alias for a member in the Entity dimension.
You change the ownership percentage for an entity.
,You edit the Consolidation Operator for a member in the Account
dimension.
You deploy a new Configurable Calculation rule in Calculation
Manager. Correct Answer-You edit the Consolidation Operator for a
member in the Account dimension.
3. You routinely create a backup snapshot file of application artifacts
and data as part of system maintenance. Which navigation path would
you use to create a snapshot file to back up a form?
Open the form, select Actions, and then Export.
From the Home page, select Tools, and then Clone Snapshot.
From the Navigator menu, select Forms.
From the Home page, select Tools, and then Migration. Correct Answer-
From the Home page, select Tools, and then Migration.
4. You want to export Financial Consolidation and Close metadata to a
file. What is the fil type/file extension of data exports from Financial
Consolidation and Close?
The data export format/file extension is always a ZIP file.
,The data export format/file extension is always a DAT file.
The data export format/file extension is always a CSV file.
The data export format/file extension is always a XLS file. Correct
Answer-The data export format/file extension is always a ZIP file.
5. As a Service Administrator with Write access to data, you want to
copy data from a source POV to a destination POV. Which two
statements about the Copy Data function are true?
You cannot select which Account members to copy.
You can copy data for historical rate and amount overrides.
You can select which Consolidation dimension member to copy.
When you select the Regular Data option, journal data is included.
Correct Answer-You can copy data for historical rate and amount
overrides.
When you select the Regular Data option, journal data is included.
, 6. Which two are selections in the Workflow Option list on the Journals
tab when creating an Enterprise Journals template?
No Workflow
Prepare
Prepare ---> Lock
Prepare ---> Approve
Prepare ---> Post Correct Answer-Prepare
Prepare ---> Post
7. Which statement about Opening Balance Override rules is true?
You can select which entities to include in the rule scope.
You can select which accounts to include in the rule scope.
They are available only if Intercompany Data with Tracking is enabled
for business process.
1. Which components are prebuilt into Financial Consolidation and
Close to provide a configurable and scalable consolidation solution?
Calculations, dashboards, and reports built on planning frameworks to
provide cash flow planning
Pre-built integrations to combine narrative and data to produce both
internal and external reporting packages
Calculations, dashboards, and reports as well as detailed data source
tracking and an automated cash flow
Calculations, dashboards, and reports to provide analysis for cash flow
modeling Correct Answer-Calculations, dashboards, and reports as well
as detailed data source tracking and an automated cash flow
2. You can refresh the database on the Application page. You must
refresh it whenever you change the structure. Which action requires
refreshing the database?
You edit the alias for a member in the Entity dimension.
You change the ownership percentage for an entity.
,You edit the Consolidation Operator for a member in the Account
dimension.
You deploy a new Configurable Calculation rule in Calculation
Manager. Correct Answer-You edit the Consolidation Operator for a
member in the Account dimension.
3. You routinely create a backup snapshot file of application artifacts
and data as part of system maintenance. Which navigation path would
you use to create a snapshot file to back up a form?
Open the form, select Actions, and then Export.
From the Home page, select Tools, and then Clone Snapshot.
From the Navigator menu, select Forms.
From the Home page, select Tools, and then Migration. Correct Answer-
From the Home page, select Tools, and then Migration.
4. You want to export Financial Consolidation and Close metadata to a
file. What is the fil type/file extension of data exports from Financial
Consolidation and Close?
The data export format/file extension is always a ZIP file.
,The data export format/file extension is always a DAT file.
The data export format/file extension is always a CSV file.
The data export format/file extension is always a XLS file. Correct
Answer-The data export format/file extension is always a ZIP file.
5. As a Service Administrator with Write access to data, you want to
copy data from a source POV to a destination POV. Which two
statements about the Copy Data function are true?
You cannot select which Account members to copy.
You can copy data for historical rate and amount overrides.
You can select which Consolidation dimension member to copy.
When you select the Regular Data option, journal data is included.
Correct Answer-You can copy data for historical rate and amount
overrides.
When you select the Regular Data option, journal data is included.
, 6. Which two are selections in the Workflow Option list on the Journals
tab when creating an Enterprise Journals template?
No Workflow
Prepare
Prepare ---> Lock
Prepare ---> Approve
Prepare ---> Post Correct Answer-Prepare
Prepare ---> Post
7. Which statement about Opening Balance Override rules is true?
You can select which entities to include in the rule scope.
You can select which accounts to include in the rule scope.
They are available only if Intercompany Data with Tracking is enabled
for business process.
