FCCS CERTIFICATION EXAM NEWEST 2025 ACTUAL EXAM
COMPLETE 160 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
Which statement is FALSE when setting up Shared Entities?
A. The calculation status will not change in all instances when data is changed in one instance.
B. The Data Storage Member Property must set to "Dynamic Calc".
C. You build an alternate hierarchy by using partial share Entity members.
D. When data is posted to one shared entity, the data is posted to all instances. - (answers)B. The
Data Storage Member Property must set to "Dynamic Calc".
You have added a new task to a close schedule with a task due date past the defined end date of
the schedule. What is the result of the change?
A. The task will not run.
你是想要一篇“眼睛容易
B. An error, you can't add a new task阅读的”中文文章
past the due date.
C. The new task will run outside of the schedule end date.
D. The schedule end date changes to match the end date of the task. - (answers)C. The new task
will run outside of the schedule end date.
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
,Which two dimension members must be built into the row of the company's Cash Flow to report
the impact of Accounts Payable? (Choose two.)
A. FCCS_CashFlow_Accounts Payable account member
B. FCCS_Total Balance Sheet - Cash and NonCash account member
C. FCCS_Accounts Payable account member
D. FCCS_CashChange movement member
E. FCCS_CashFlow_Operating movement member - (answers)A. FCCS_CashFlow_Accounts
Payable account member
B. FCCS_Total Balance Sheet - Cash and NonCash account member
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an
expense type account under a parent that is set as an income type account?
A. you can't load data to this account
你是想要一篇“眼睛容易
B. subtract amounts consolidated to阅读的”中文文章
the parent
C. add amounts consolidated to the parent
D. this setting will not affect additions or subtractions to the next parent - (answers)B. subtract
amounts consolidated to the parent
Financial Consolidation Close Cloud maintains the status calculation for which combination of
dimensions?
, A. Scenario, Account, Base Entity and Parent Entity
B. Year, Scenario, Base Entity and Account
C. Scenario, View, Parent Entity and Account
D. Period, Scenario, Base Entity and Parent Entity - (answers)D. Period, Scenario, Base Entity
and Parent Entity
What can the Intercompany Dimension be enabled and made visible within your application?
A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany
Entity attribute
B. during application creation and selecting the Intercompany Data feature option
C. during application creation and selecting the Multi-source Data Input of Other Data
D. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany
Account attribute - (answers)B. during application creation and selecting the Intercompany Data
你是想要一篇“眼睛容易
feature option
阅读的”中文文章
An entity's Common Stock balance is made up of data loaded through Data Management and an
adjusting journal entry posted in the application. The Common Stock balance must not re-
translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default
translation of equity accounts? (Choose two.)
A. Data entry to the Common Stock account with the FCCS_Amount Override member of the
Consolidation dimension and the Data Source member FCCS_Managed Data.
COMPLETE 160 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
Which statement is FALSE when setting up Shared Entities?
A. The calculation status will not change in all instances when data is changed in one instance.
B. The Data Storage Member Property must set to "Dynamic Calc".
C. You build an alternate hierarchy by using partial share Entity members.
D. When data is posted to one shared entity, the data is posted to all instances. - (answers)B. The
Data Storage Member Property must set to "Dynamic Calc".
You have added a new task to a close schedule with a task due date past the defined end date of
the schedule. What is the result of the change?
A. The task will not run.
你是想要一篇“眼睛容易
B. An error, you can't add a new task阅读的”中文文章
past the due date.
C. The new task will run outside of the schedule end date.
D. The schedule end date changes to match the end date of the task. - (answers)C. The new task
will run outside of the schedule end date.
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
,Which two dimension members must be built into the row of the company's Cash Flow to report
the impact of Accounts Payable? (Choose two.)
A. FCCS_CashFlow_Accounts Payable account member
B. FCCS_Total Balance Sheet - Cash and NonCash account member
C. FCCS_Accounts Payable account member
D. FCCS_CashChange movement member
E. FCCS_CashFlow_Operating movement member - (answers)A. FCCS_CashFlow_Accounts
Payable account member
B. FCCS_Total Balance Sheet - Cash and NonCash account member
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an
expense type account under a parent that is set as an income type account?
A. you can't load data to this account
你是想要一篇“眼睛容易
B. subtract amounts consolidated to阅读的”中文文章
the parent
C. add amounts consolidated to the parent
D. this setting will not affect additions or subtractions to the next parent - (answers)B. subtract
amounts consolidated to the parent
Financial Consolidation Close Cloud maintains the status calculation for which combination of
dimensions?
, A. Scenario, Account, Base Entity and Parent Entity
B. Year, Scenario, Base Entity and Account
C. Scenario, View, Parent Entity and Account
D. Period, Scenario, Base Entity and Parent Entity - (answers)D. Period, Scenario, Base Entity
and Parent Entity
What can the Intercompany Dimension be enabled and made visible within your application?
A. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany
Entity attribute
B. during application creation and selecting the Intercompany Data feature option
C. during application creation and selecting the Multi-source Data Input of Other Data
D. after application creation by selecting any Account as IC_Acc_Yes for the Intercompany
Account attribute - (answers)B. during application creation and selecting the Intercompany Data
你是想要一篇“眼睛容易
feature option
阅读的”中文文章
An entity's Common Stock balance is made up of data loaded through Data Management and an
adjusting journal entry posted in the application. The Common Stock balance must not re-
translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default
translation of equity accounts? (Choose two.)
A. Data entry to the Common Stock account with the FCCS_Amount Override member of the
Consolidation dimension and the Data Source member FCCS_Managed Data.
