FCCS CERTIFICATION WITH 2026 PRE TEST
AND POST TEST EXAMS GRADED A+
How is drill back enabled to supplemental Data Manager (SDM)
from the supplemental data member within the multi source
dimension?
A. Drill back to SDM is not an available feature
B. Drill back is available from any multi source dimension member
by default, know the source of the original data load.
C. By selecting Track Multi-Source Data Input Option for
Supplemental Data during the application creation process.
D. By selecting Track Multi-Source Data Input Option for Other
Data during the application creation process Correct Answer D.
By selecting Track Multi-Source Data Input Option for Other Data
during the application creation process
P,Q and R and children of mid-level parent entity, AceCo. In
February each entity has cash in the amounts of 10, 20 and 30,
respectively, and AceCo has been consolidated and has cash of
60. A prior period adjustment to Q adjust cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do prior period entry like this.
,B. January and February should be consolidated
C. February should be consolidated after which the cash at
AceCo is now 65
D. January should be consolidated for a change and nothing
needs to happen for February. Correct Answer B. January and
February should be consolidated
Financial Consolidation Close Cloud mainitains 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 Account.
E. Period, Scenario, Entity, Currency Correct Answer E. Period,
Scenario, Entity, Currency
Three child entities P, Q and R - Of a mid level parent entity -
AceCo - have account receivables in the amounts of 10, 20 and
30 respectively. Which statement containts conditions for all three
entities that would cause account receivable balance amount at
AceCo not to be 60? Not sure
,A. P has same currency as AceCo. Q is 100% owned, and R has
10 of 30 as an intercompany receivable balance with another
division that is not descedent of AceCo.
B. P has same currency as AceCo. Q is 90% owned, and R has
10 of 30 as an intercompany receivable balance with another
division that is not descedent of AceCo.
C. P has different currency than AceCo. Q is 40% owned, and R
has 10 of 30 as an intercompany receivable balance with Q.
D. P has different currency than AceCo. Q is 100% owned, and R
has 10 of 30 as an intercompany receivable balance with Q.
Correct Answer C. P has different currency than AceCo. Q is 40%
owned, and R has 10 of 30 as an intercompany receivable
balance with Q.
Which statement correctly describes when a consolidation can
occur within a given year/scenario?
A. An administrator runs Force consolidate to Force the
consolidation of all entities regardless of Status or Content.
B. The current period consolidation status is impacted and the
remaining periods are OK.
C. A user has a Power user access but only write access to the
entity.
D. A user with Power user access first locks the entity so that
other users cannot consolidate the same entity.
, E. The user specifies the desired parent entity, Feb as the period,
Actual as the scenario, and 2018 as the Year. Correct Answer B.
The current period consolidation status is impacted and the
remaining periods are OK.
When setting an account property to a data storage type of
"Dynamic Calc" which is allowed?
A. Member formulas cannot be created
B. Load data to this account and make member formulas
C. Load data to this account
D. Create member formulas Correct Answer D. Create member
formulas
When creating an application in Financial Consolidation and
Close (FCCS), What time period section can be made?
A. Any member of months can be selected
B. 12 months only
C. 12 month and 13 month
D. 12-month, 13 month and a 14 month Correct Answer C. 12
month and 13 month
AND POST TEST EXAMS GRADED A+
How is drill back enabled to supplemental Data Manager (SDM)
from the supplemental data member within the multi source
dimension?
A. Drill back to SDM is not an available feature
B. Drill back is available from any multi source dimension member
by default, know the source of the original data load.
C. By selecting Track Multi-Source Data Input Option for
Supplemental Data during the application creation process.
D. By selecting Track Multi-Source Data Input Option for Other
Data during the application creation process Correct Answer D.
By selecting Track Multi-Source Data Input Option for Other Data
during the application creation process
P,Q and R and children of mid-level parent entity, AceCo. In
February each entity has cash in the amounts of 10, 20 and 30,
respectively, and AceCo has been consolidated and has cash of
60. A prior period adjustment to Q adjust cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do prior period entry like this.
,B. January and February should be consolidated
C. February should be consolidated after which the cash at
AceCo is now 65
D. January should be consolidated for a change and nothing
needs to happen for February. Correct Answer B. January and
February should be consolidated
Financial Consolidation Close Cloud mainitains 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 Account.
E. Period, Scenario, Entity, Currency Correct Answer E. Period,
Scenario, Entity, Currency
Three child entities P, Q and R - Of a mid level parent entity -
AceCo - have account receivables in the amounts of 10, 20 and
30 respectively. Which statement containts conditions for all three
entities that would cause account receivable balance amount at
AceCo not to be 60? Not sure
,A. P has same currency as AceCo. Q is 100% owned, and R has
10 of 30 as an intercompany receivable balance with another
division that is not descedent of AceCo.
B. P has same currency as AceCo. Q is 90% owned, and R has
10 of 30 as an intercompany receivable balance with another
division that is not descedent of AceCo.
C. P has different currency than AceCo. Q is 40% owned, and R
has 10 of 30 as an intercompany receivable balance with Q.
D. P has different currency than AceCo. Q is 100% owned, and R
has 10 of 30 as an intercompany receivable balance with Q.
Correct Answer C. P has different currency than AceCo. Q is 40%
owned, and R has 10 of 30 as an intercompany receivable
balance with Q.
Which statement correctly describes when a consolidation can
occur within a given year/scenario?
A. An administrator runs Force consolidate to Force the
consolidation of all entities regardless of Status or Content.
B. The current period consolidation status is impacted and the
remaining periods are OK.
C. A user has a Power user access but only write access to the
entity.
D. A user with Power user access first locks the entity so that
other users cannot consolidate the same entity.
, E. The user specifies the desired parent entity, Feb as the period,
Actual as the scenario, and 2018 as the Year. Correct Answer B.
The current period consolidation status is impacted and the
remaining periods are OK.
When setting an account property to a data storage type of
"Dynamic Calc" which is allowed?
A. Member formulas cannot be created
B. Load data to this account and make member formulas
C. Load data to this account
D. Create member formulas Correct Answer D. Create member
formulas
When creating an application in Financial Consolidation and
Close (FCCS), What time period section can be made?
A. Any member of months can be selected
B. 12 months only
C. 12 month and 13 month
D. 12-month, 13 month and a 14 month Correct Answer C. 12
month and 13 month
