FCCS Exam Erich 2026 Exam
Questions and Correct
Answers | New Update
In Financial Close Manager, when would you choose to define tasks in a
Template rather than
create a new Schedule each month?
A. when the tasks are repeatable over multiple close cycles
B. when the tasks require consistent definition across close schedules
,C. when the tasks are often late in completion and they need to be
monitored more closely
D. when the tasks require multiple levels of approvers - ANSWER
✔✔A. when the tasks are repeatable over multiple close cycles
Which two data extract export file types are available within Financial
Consolidation and Close
(FCCS)? (Choose two.)
A. DAT file type
B. Excel XLS file type
C. Comma delimited
D. Tab delimited - ANSWER ✔✔C. Comma delimited
D. Tab delimited
,When creating a member mapping for account Sales in Data
Management, the following script
is entered.
UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
A. The script can be eliminated by using a multi-dim map on the Product
dimension that also looks
for the account Sales.
B. The script will work if the script is referenced in the In mapping type
with #SQL as the target.
C. The script will not work since Data Management does not support
scripting.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, D. The script will not work since the UD5 member referenced does not
start with FCCS_
E. The script will work if the script is referenced in the Explicit mapping
type with #SQL as the target. - ANSWER ✔✔A. The script can be
eliminated by using a multi-dim map on the Product dimension that also
looks
for the account Sales.
P, Q, and R are children of a 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 adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do a prior period entry like this.
B. January and February should be consolidated.
Questions and Correct
Answers | New Update
In Financial Close Manager, when would you choose to define tasks in a
Template rather than
create a new Schedule each month?
A. when the tasks are repeatable over multiple close cycles
B. when the tasks require consistent definition across close schedules
,C. when the tasks are often late in completion and they need to be
monitored more closely
D. when the tasks require multiple levels of approvers - ANSWER
✔✔A. when the tasks are repeatable over multiple close cycles
Which two data extract export file types are available within Financial
Consolidation and Close
(FCCS)? (Choose two.)
A. DAT file type
B. Excel XLS file type
C. Comma delimited
D. Tab delimited - ANSWER ✔✔C. Comma delimited
D. Tab delimited
,When creating a member mapping for account Sales in Data
Management, the following script
is entered.
UD5 refers to a Product custom dimension:
WHEN UD5 LIKE 'CAR_%' THEN 'AUTO_SALES'
ELSE 'SALES'
Which statement is True?
A. The script can be eliminated by using a multi-dim map on the Product
dimension that also looks
for the account Sales.
B. The script will work if the script is referenced in the In mapping type
with #SQL as the target.
C. The script will not work since Data Management does not support
scripting.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, D. The script will not work since the UD5 member referenced does not
start with FCCS_
E. The script will work if the script is referenced in the Explicit mapping
type with #SQL as the target. - ANSWER ✔✔A. The script can be
eliminated by using a multi-dim map on the Product dimension that also
looks
for the account Sales.
P, Q, and R are children of a 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 adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
A. There is no way to do a prior period entry like this.
B. January and February should be consolidated.
