FCCS EXAM 2024 NEWEST!! ACTUAL COMPLETE 200 REAL
EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+
Financial Consolidation and Close Cloud Service (FCCS) provides
a consolidation
path
through
which dimension
combination?
A. Consolidation, Currency, Account
B. Currency, Account, Movement
C. Entity, Consolidation, Currency
D. Entity, Currency, Account - ANSWER -B.Currency, Account,
Movement
In which two scenarios will the system copy balances to the
Reporting Currency?
A)Parent Currency matches Reporting Currency
B)Entity Currency matches Parent Currency
C)Entity Currency matches Reporting Currency
D)The Reporting Currency is the triangulation currency -
ANSWER -A)Parent
Currency matches Reporting
Currency
C)Entity Currency matches Reporting Currency
,A new Sheet tab in Excel is copied from an existing tab that
contains a Smart View query, but
clicking Refresh does not refresh the data and the Smart View
(Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and
change the POV?
A. Disconnect from the Smart View connection, and relog in.
B. Activate the Connection.
C. Close out of Excel, and relog in to Smart View.
D. Change one of the Row or Column dimension members and
click Refresh. -
ANSWER -B. Activate the
Connection.
Which explains why the Currency dimension does NOT display in
your application?
A. Security access to the Multi-GAAP dimension is required
B. Multi-Currency option was not selected at application creation
C. Entity-specific security rights were not properly granted
D. Security has not been granted - ANSWER -B. Multi-Currency
option was not
selected at application
creation
Which three tasks 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
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
When designing a report in Financial Reporting Studio, which item
is NOT an insert-
able
report
object?
A. Chart
B. Grid
C. Image
D. Header - ANSWER -D. Header
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 -B. Drill URL
D. Description
E. Name
PQR Hickory
H1
H2
Paducah
P_1
P_2
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets
P_2's debit
balance?
A. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No
Intercompany
B. Entity Paducah, Consolidation FCCS_Elimination,
Intercompany FCCS_No
Intercompany.
Entity
P_2, Consolidation FCCS_Contribution,
Intercompany ICP_H_1
C. Entity Paducah, Consolidation FCCS_Elimination, Intercompany
ICP_H_1
EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+
Financial Consolidation and Close Cloud Service (FCCS) provides
a consolidation
path
through
which dimension
combination?
A. Consolidation, Currency, Account
B. Currency, Account, Movement
C. Entity, Consolidation, Currency
D. Entity, Currency, Account - ANSWER -B.Currency, Account,
Movement
In which two scenarios will the system copy balances to the
Reporting Currency?
A)Parent Currency matches Reporting Currency
B)Entity Currency matches Parent Currency
C)Entity Currency matches Reporting Currency
D)The Reporting Currency is the triangulation currency -
ANSWER -A)Parent
Currency matches Reporting
Currency
C)Entity Currency matches Reporting Currency
,A new Sheet tab in Excel is copied from an existing tab that
contains a Smart View query, but
clicking Refresh does not refresh the data and the Smart View
(Point of View) POV bar does not display.
Which additional step is required to pull data in the new tab and
change the POV?
A. Disconnect from the Smart View connection, and relog in.
B. Activate the Connection.
C. Close out of Excel, and relog in to Smart View.
D. Change one of the Row or Column dimension members and
click Refresh. -
ANSWER -B. Activate the
Connection.
Which explains why the Currency dimension does NOT display in
your application?
A. Security access to the Multi-GAAP dimension is required
B. Multi-Currency option was not selected at application creation
C. Entity-specific security rights were not properly granted
D. Security has not been granted - ANSWER -B. Multi-Currency
option was not
selected at application
creation
Which three tasks 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
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
When designing a report in Financial Reporting Studio, which item
is NOT an insert-
able
report
object?
A. Chart
B. Grid
C. Image
D. Header - ANSWER -D. Header
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 -B. Drill URL
D. Description
E. Name
PQR Hickory
H1
H2
Paducah
P_1
P_2
PQR Company has the ownership structure shown above.
If P_2 lends money to H_1, which point of view would the credit balance that offsets
P_2's debit
balance?
A. Entity PQR, Consolidation FCCS_Elimination, Intercompany FCCS_No
Intercompany
B. Entity Paducah, Consolidation FCCS_Elimination,
Intercompany FCCS_No
Intercompany.
Entity
P_2, Consolidation FCCS_Contribution,
Intercompany ICP_H_1
C. Entity Paducah, Consolidation FCCS_Elimination, Intercompany
ICP_H_1
