100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
FCCS Exam NEWEST 2025/2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!! $12.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. FCCS CERTIFICATION
  4.  
  5. FCCS CERTIFICATION

Exam (elaborations)

FCCS Exam NEWEST 2025/2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
 0 purchase
  • Course
  • FCCS CERTIFICATION
  • Institution
  • FCCS CERTIFICATION

FCCS Exam NEWEST 2025/2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!

Preview 4 out of 33  pages

Document information

  • February 4, 2025
  • 33
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • fccs certification
  • 1 which components are prebuilt into financial co
  • you edit the consolidation operator for a member i

Written for

  • FCCS CERTIFICATION
  • FCCS CERTIFICATION

Seller

avatar-seller
AllLegitExams

Reviews received

Content preview

FCCS Exam

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 -
ANS-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. - ANS-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. - ANS-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. - ANS-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. - ANS-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 - ANS-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.

,Opening Balance Override rules execute for the first period in the year only. - ANS-Opening
Balance Override rules execute for the first period in the year only.
8. As an administrator, you have defined an approval unit hierarchy and started the approval
process. After the process is started, the approval unit moves from one reviewer to another until
the process is complete. The approval unit has the status Under Review. Who can modify data
for the approval unit?
Only the administrator

The current owner Any user with Write access to the dimension members in the approval unit

The current owner, Service Administrator, or Power User

The current owner or Service Administrator - ANS-The current owner or Service Administrator
9. You create and run integrations from the Data Integration page. Where can you set the
default member for the Currency dimension in a data integration?

Run Integration dialog box

Location Attributes in the Create Integration dialog box

Map Members tab in the Create Integration dialog box

Options tab of the Application Details dialog box - ANS-Location Attributes in the Create
Integration dialog box
10. When creating a data integration, you can use target expressions to set default values for
dimensions or transform data as it is imported or exported. On the Map Dimensions tab for a
data integration, which two are examples of what can be performed by adding a target
expression to a dimension?

Prevent zeros from being loaded

Clear the target data for a dimension before loading.

Add a prefix to the members being loaded.

Provide values for a dimension that is missing in the data source. - ANS-Add a prefix to the
members being loaded.

Provide values for a dimension that is missing in the data source.
11. You need to write a rule in Calculation Manager using Essbase script that executes on
translated values, but runs before the system-defined CTA and foreign exchange calculations.
To which Calculation Manager insertion rule should you add the Essbase script?

FCCS_30_After Opening Balance Carry Forward_Translated

, FCCS_40_Final Calculations_Translated

FCCS_10_After Opening Balance Carry Forward_LocalCurrency

FCCS_25_Before FX_Calcs_Translated - ANS-FCCS_30_After Opening Balance Carry
Forward_Translated
12. ******* consolidation process. Which two conditions must be met for ***** during the default
consolidation process? (PICTURE CUT OFF)

*** shared entity

*** currency of the child Is different from the default currency of the parent.

To specify exchange rates, you must set up multiple currencies when creating an application.

Reporting currencies have been defined in the Currency dimension. - ANS-*** shared entity

Reporting currencies have been defined in the Currency dimension.
13. ***framework where you can define the required components for a business *** steps when
initially setup up Task Manager (PICTURE CUT OFF)

*** Users

Assign tasks to users

Define system settings, such as organization units, holiday rules, and task attachment size.

Create a schedule and set it to Open status. - ANS-Define system settings, such as
organization units, holiday rules, and task attachment size.
15. You need a report that displays all adjustments to account balances of child entities for a
period, including journal adjustments, intercompany eliminations, and adjustments from
consolidation rules. Which type of report can you run to accomplish this

Journal

Financial

Intercompany

Consolidation - ANS-Consolidation
16. When configuring the Financial Consolidation and Close business process, you can select
the applicable ratio calculations that you want to include. Which four sample ratios can be
added during business process creation?

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AllLegitExams. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

63950 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.99
  • (0)
Add to cart
Added